In the real intertemporal model with investment, there is intertemporal substitution with respect to
A) consumption and leisure.
B) government spending.
C) capital.
D) current consumption.
A
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Why do most large firms incorporate rather than operate as sole proprietorships or partnerships?
Connecting all efficient points, we find the ____________
Fill in the blank(s) with the appropriate word(s).
In the best case scenario, what is the Fed's response to a negative demand shock?
A. The Fed will decrease the growth rate of the money supply to offset the negative demand shock. B. The Fed will increase the growth rate of the money supply to offset the negative demand shock. C. The Fed will increase government spending to offset the negative demand shock. D. The Fed will decrease government spending to offset the negative demand shock.
The right rate of inflation for the economy-the rate at which no one really pays attention to it-is a rate between:
A. ?5 and zero percent. B. 2 and 5 percent. C. zero and 2 percent. D. ?2 and 2 percent.