If John's marginal benefit derived from the consumption of another candy bar is greater than the price of the candy bar:
a. John will not purchase any more candy bars.
b. John will increase his total satisfaction by purchasing the candy bar.
c. the opportunity cost of the candy bar is lower than the price.
d. John will decrease his total utility if he purchases the candy bar.
b
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A nation's investment must be financed by
A) national saving only. B) the government's budget deficit. C) borrowing from the rest of the world only. D) national saving plus borrowing from the rest of the world.
The effect of a drop in business confidence on the evaluation of MPK shifts the IS curve to the ________. Suppose the LM curve is fixed
The resulting ________ in the interest rate works through the accelerator model to ________ the fall in equilibrium output. A) left, rise, increase B) left, rise, more than offset C) left, fall, offset part of D) right, rise, offset part of E) right, fall, more than offset
High interest rates
A. increase the profitability of capital investments. B. decrease the opportunity costs of capital investments. C. increase the opportunity costs of capital investments. D. decrease the profitability of current sales.
The U.S. labor force participation rate has changed over time, as has the participation rate of various segments of the U.S. population due to social changes. Choose one social change that you expect to happen in the coming decades. Explain how this will affect the labor force participation rate of various demographic groups.
What will be an ideal response?