Refer to the graph above. Which of the following would shift the investment demand curve from ID 2 to ID 1 ?
A. Rising real interest rates
B. Increasing business taxes
C. Lower acquisition cost of capital goods
D. Higher expected rates of return on investment
B. Increasing business taxes
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An increase in income shift a person's budget line rightward and does not change its slope
Indicate whether the statement is true or false
Refer to the following graph. An increase in supply is reflected as
a. a shift of the supply curve from S to S2.
b. a shift of the supply curve from S to S1.
c. a shift of the supply curve from S1 to S2.
b. a change in the quantity supplied from 6.8 to 5.2 million minutes when price is $12.50.
Which of the following markets most closely resembles the characteristics of a perfectly competitive market?
A. The cable television industry B. The fast food restaurant industry C. The steel industry D. Hot dog vendors on city streets
the demand for ethanol is affected by the following factors (pick the best of the choices):
a) the price of corn (an input to ethanol production) b) the number of ethanol plants that produce ethanol c) a change in the technology of ethanol production d) a new regulation mandating increased use of ethanol mixed gasoline e) all of the above