The investment demand curve will shift to the left as a result of:
A. an increase in the excess production capacity available in industry.
B. a decrease in business taxes.
C. increased business optimism with respect to future economic conditions.
D. a decrease in labor costs.
A. an increase in the excess production capacity available in industry.
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If a large open economy, like the United States, reduces its budget deficit, what impact would this have on a small open economy?
A) higher savings B) increased investment C) increased net savings D) no change in interest rates
Individuals acting with self-interest:
a. always choose the same options as other rational individuals. b. never do voluntary work. c. always try to attain satisfaction at the expense of others. d. choose options that give them the greatest amount of satisfaction. e. have a perfectly elastic demand curve.
At the low point of the average total cost curve, marginal costs and average total costs are equal
Indicate whether the statement is true or false
After an employer pays the cost of educating a worker,
a. the worker has a higher level of human capital. b. the worker should become more productive. c. the worker might look for another job unless his employer pays him more. d. All of the above are correct.