All of the following explain the impact lag except the time between
A) a change in the money supply and a change in interest rates.
B) a change in interest rates and a change in investment.
C) a change in investment and the change in GDP.
D) a change in the economy and the use of a tool of monetary policy.
D
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Marginal social cost
A) is the additional cost to the consumer of consuming another unit of a good. B) is equal to price times quantity sold. C) decreases as more of a good is produced and, hence, is depicted by a downward sloping curve. D) is the opportunity cost of producing one more unit of a good and, hence, is the same as the supply curve.
Which of the following statements brings out the relationship between the value of marginal product (VMP) and the marginal revenue product (MRP)?
a. They are the same for a firm selling in a perfectly competitive market structure. b. They are the same for a firm purchasing inputs in a perfectly competitive market structure. c. VMP is greater than MRP when a firm is perfectly competitive in the product market. d. VMP is less than MRP when a firm is perfectly competitive in the product market. e. They are same when a firm is a monopolist.
Command-and-control regulations
A. are less flexible than incentive based regulations. B. come from the private sector. C. have technology standards a type of control. D. are less flexible than incentive based regulations and have technology standards a type of control. E. are less flexible than incentive based regulations and come from the private sector.
Private capital flows in the form of both direct and portfolio investment began to return to Latin America after 1989, effectively marking the end of the Lost Decade
Indicate whether the statement is true or false