If the government cut expenditures during an expansion
a. it would have to raise the tax rate
b. it would tend to stabilize the economy
c. both a and b
d. neither a nor b
b
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Factors that cause an increase in the demand for credit at a given real interest rate cause:
A) the credit demand curve to shift to the left. B) an upward movement along the credit demand curve. C) a downward movement along the credit demand curve. D) the credit demand curve to shift to the right.
To compete in the automobile market, Tesla must make many strategic decisions such as whether to introduce a new car model, how to sell and service its cars, and where to advertise
At Tesla's Fremont, California plant, managers must decide on the monthly production quantities of their S and X models. In making this decision, the managers A) will choose to only produce the quantity of S and X models where marginal cost equals zero. B) will always decide on production quantities in which revenues are maximized. C) face no trade-off because the Fremont plant only produces these two models of the many Tesla models produced worldwide. D) face a trade-off, because producing more of one model means producing less of the other.
Reducing risk through the purchase of assets whose returns do not always move together is
A) diversification. B) intermediation. C) intervention. D) discounting.
In consumer equilibrium, which of the following is true? a. The marginal utility from the consumption of each good is the same
b. The marginal utility from the consumption of each good is zero. c. The marginal utility from the consumption of the last dollar's worth of each good is the same. d. The total utility from the consumption of each good is the same.