Investment spending ________ during a recession, and ________ during an expansion
A) declines; increases B) increases; increases
C) declines; declines D) increases; declines
A
You might also like to view...
A decrease in the quantity of money supplied shifts the money supply curve to the ________, and the LM curve to the ________, everything else held constant
A) right; left B) right; right C) left; left D) left; right
Your professor loves her work, teaching economics. She has been offered other positions in the corporate world that would increase her income by 25 percent, but she has decided to continue working as a professor. Her decision would not change unless the marginal
a. cost of teaching increased. b. benefit of teaching increased. c. cost of a corporate job increased. d. benefit of a corporate job decreased.
Customer discrimination results in
A. a segregated workforce. B. lower wages for the discriminated against worker group. C. a lower output price regardless of who the firm hires. D. lower firm profits. E. All of these are results of customer discrimination.
An industry with a Herfindahl-Hirschman index of 100 would have at least ______ firm(s).
Fill in the blank(s) with the appropriate word(s).