Which of the following types of expenditure is most likely NOT determined by an accelerator model?
A) consumer durable spending
B) inventory investment
C) residential housing construction
D) consumer spending on food
D
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In the decades before the Civil War, the South __________________________.
A. opposed the extension of slavery into the territories B. supported the extension of slavery into the territories C. cooperated with the North to establish both free and slavery territories D. None of the choices are true
The table above shows the demand and costs for a single-price monopolist. The firm can maximize its profit by setting its price at
A) $30 per unit. B) $35 per unit. C) $40 per unit. D) $45 per unit.
Historically, stocks have offered higher rates of return than bonds
a. True b. False Indicate whether the statement is true or false
If a perfectly competitive firm like the one depicted in Figure 9-3 produces 275 units
a.
its profit will be larger than if it produces only 475
b.
its profit will be exactly the same as if it produces 475
c.
its profit will be smaller than if it produces only 475
d.
it will be forced to shutdown
e.
its profit will be smaller than if it produced 475 but it will still make a profit.