"Crowding-out" occurs in the IS-LM model as rising government spending requires a ________ in the interest rate in order to ________ the demand for money at the new equilibrium, thus ________ planned private investment
A) rise, keep constant, lowering
B) rise, raise, lowering
C) rise, lower, raising
D) fall, keep constant, raising
E) fall, raise, lowering
A
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An increase in a perfectly competitive firm's demand for labor could be caused by
A) an increase in the supply of labor. B) a decrease in the market price of the product the firm produces. C) an increase in the amount of human capital among the labor force. D) a decrease in the market wage rate.
Puma's share of the athletic shoe market is 30% The own price elasticity of demand for Puma athletic shoes is 2.5 . What would be the own price elasticity of athletic shoes as a whole?
a. 8.3 b. 0.75 c. 0.54 d. 1.5
For a normal good, the
a. income effect is greater than 1.0 b. income effect is negative c. substitution effect is zero d. income effect and the substitution effect work in the same direction e. demand curve is horizontal
Which of the following pharmaceutical companies have settled allegations of illegally marketing pharmaceutical drugs?
A. Pfizer B. Eli Lilly C. AstraZeneca D. All of these companies have settled investigations of illegal marketing.