The immediate determinants of investment spending are the:
A. expected rate of return on capital goods and the real interest rate.
B. level of saving and the real interest rate.
C. marginal propensity to consume and the real interest rate.
D. interest rate and the expected price level.
A. expected rate of return on capital goods and the real interest rate.
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Leontief used an input-output table in order to test the
A) classical theory. B) the Heckscher-Ohlin theory. C) the Linder hypothesis. D) All of the above.
According to neo-Keynesians, the long-run Phillips curve is essentially horizontal
Indicate whether the statement is true or false
Determine the required scope of work:
What will be an ideal response?
Which statement about human capital is false?
A. Workers accumulate human capital during formal education and through life experiences. B. Human capital gives firms a way to differentiate between workers. C. Human capital has a low rate of return. D. Human capital tends to be an important determinant of one's wages. E. There is more human capital in the United States now than there was 100 years ago.