Other things the same, an economy's factors of production are likely to be used more effectively if there is an economywide respect for property rights
a. True
b. False
Indicate whether the statement is true or false
True
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Actual investment spending does not include
a. spending on consumer durable goods. b. spending on new capital equipment. c. spending on new houses. d. changes in inventories.
Other things the same, an increase in the U.S. interest rate
a. raises net capital outflow which decreases the quantity of loanable funds demanded. b. raises net capital outflow which increases the quantity of loanable funds demanded. c. lowers net capital outflow which decreases the quantity of loanable funds demanded. d. lowers net capital outflow which increases the quantity of loanable funds demanded.
Refer to the accompanying figure, which shows the market for cups of coffee. If all buyers' reservation prices increase by $1.00, then the equilibrium price of coffee would:
A. would not change. B. increase by less than $1.00. C. increase by more than $1.00. D. increase by $1.00.
The central role of ________ in a market economy is bringing together savers and borrowers
A) corporations B) sole proprietors C) financial intermediaries D) stock exchanges