There is essentially no risk of default for U.S. government securities
a. True
b. False
Indicate whether the statement is true or false
True
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The Zonamo company produces waste disposal machines and sells them to militaries all over the world. The company started last year with $10 million of capital on hand and invested $15 million in new capital throughout the year
At the end of the year, the company's capital stock was $17 million. Hence, for the year, depreciation equaled ________ and net investment equaled ________. A) $25 million; $5 million B) $5 million; $5 million C) $8 million; $7 million D) $7 million; $8 million E) $8 million; $15 million
Using the DD model, explain what happens to out put when Government demands increase. Use a figure to explain when it is taking place
What will be an ideal response?
If quality-detection costs are very low,
a. lower quality products will tend to be outcompeted in the market, and the average quality will rise. b. lower quality products will tend to be outcompeted in the market, but the average quality will fall. c. higher quality products will tend to be outcompeted in the market, and the average quality will rise. d. higher quality products will tend to be outcompeted in the market, and the average quality will fall.
For which of the following is demand likely to be the most price elastic?
a. a good for which there are no close substitutes b. a good for which there are no easily-obtained substitutes c. a good with close substitutes that are difficult to obtain d. a good that is no longer being produced e. a good for which close substitutes are easily obtained