The collection and analysis of massive amounts of data, with the goal of measuring aspects of people's behavior is referred to as
A) mega processing. B) marginal utility.
C) the Internet of Things. D) big data.
D
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When the interest rate changes,
A) the demand curve for bonds shifts to the right. B) the demand curve for bonds shifts to the left. C) the supply curve for bonds shifts to the right. D) it is because either the demand or the supply curve has shifted.
Suppose that along the economy-wide rate-of-return line, the current interest rate of 8 percent causes planned investment of $300 billion
The $250-billionth dollar of investment spending has a rate of return ________ 8 percent and thus a ________ profit rate. A) below, positive B) below, negative C) above, positive D) above, negative
In an oligopoly market, the Nash Equilibrium a. is a stable outcome despite providing a lower total profit level. b. leads to zero economic profit once the equilibrium is reached. c. results in a output level below that for a monopoly
d. always result in the maximum profit for all firms.
In the ________, the perfectly competitive firm will react to losses by __________________________.
a. short run; reducing production or shutting down b. long run; reducing production or shutting down c. short run; increasing physical inputs d. long run; increasing capital inputs