Consider the two graphs above. Suppose there is an increase in the real interest rate. This would ________ the desired level of the capital stock, as depicted in graph ________
A) increase; B
B) increase; A
C) decrease; B
D) decrease; A
C
Economics
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List four costs of taxation (above the tax itself) and provide a description of each
What will be an ideal response?
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Tax revenue is greater the more price elastic the demand curve
Indicate whether the statement is true or false
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The market supply curve shows how the total quantity supplied of a good varies as input prices vary, holding constant all the other factors that influence producers' decisions about how much to sell
a. True b. False Indicate whether the statement is true or false
Economics
The increase in output that results when one more unit of a variable input is hired is called
A. average physical product. B. marginal physical product. C. total physical product. D. marginal revenue.
Economics