Other things the same, which of the following would a rise in the real interest rate raise: desired investment spending, desired national saving, desired net capital outflow?
desired national saving
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Expected profit and the real interest rate affect investment decisions
Indicate whether the statement is true or false
A risk-averse person's expected utility function is
A) decreasing. B) convex. C) concave. D) a straight line.
Because of discrimination, which of the following have systematically earned less than others of equal ability?
a. only African-Americans b. only Hispanics c. only African-Americans and Hispanics d. African-Americans, Hispanics, and women e. only Hispanics and women
Economic expansions might lead to inflation because an expansion leads to
A) a decrease in the unemployment rate, which decreases wages. B) an increase in the unemployment rate, which decreases wages. C) an increase in the unemployment rate, which increases wages. D) a decrease in the unemployment rate, which increases wages.