An increase in investment demand would be a consequence of a fall in:
a. The costs of acquiring new technology
b. Expected sales of new products
c. The rate of technological innovation
d. The expected rate of return on investment
Answer: a. The costs of acquiring new technology
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Answer the following statement(s) true (T) or false (F)
1. A Pigouvian tax is a charge on a good whose production generates a negative externality, such that the charge isequal to the MEC at the competitive output level.
2. In the single-polluter case, a firm faced with an emission charge for pollution implemented as a marginal tax (MT) will abate as long as MAC
Who runs the Federal Reserve System? Describe the organizational structure of the Fed
Your visit to the dentist, college tuition, and any commissions earned by a used car salesman are all included in GDP.
Answer the following statement true (T) or false (F)
A table that shows the possible payoffs each firm earns from every combination of strategies by all firms is called
A) an earnings table. B) a payoff table. C) a payoff matrix. D) a strategic matrix.