Which of the following is most likely to help the residents of a nation produce more goods and services and achieve higher income levels?
What will be an ideal response?
a higher rate of investment
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Everything else remaining unchanged, an increase in interest rates in the United States is most likely to result in
A. capital inflows into the United States. B. depreciation of the dollar. C. outflows of capital from the United States. D. a decrease in the demand for dollar-denominated financial assets.
Eurodollar deposits arising from OPEC trade surpluses are called
A) OECD-dollars. B) OPEC-dollars. C) petrodollars. D) None of the above.
When the yield curve is downward-sloping,
A) short-term yields are higher than long-term yields. B) long-term yields are higher than short-term yields. C) the bond market is anticipating the U.S. Treasury may default on its obligations. D) the inflation rate is expected to rise.
Reducing a tariff will ________ the domestic production of the good and ________ the total domestic consumption of the good
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease