When the interest rate is ________, ________ investments in physical capital will earn more than the cost of borrowed funds, so planned investment spending is ________
A) high; few; high
B) high; few; low
C) low; few; high
D) low; many; low
E) high; many; high
B
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By making exchange ________, money allows for specialization and higher ________
A) more difficult; costs B) more difficult; productivity C) easier; costs D) easier; productivity
Types of price discrimination practiced by post-bellum railroads included all of the following except:
a. varied rates based on passengers' gender. b. varied rates based on town of origin. c. higher rates per mile for short-hauls than for long-hauls.d varied rates based on passengers' occupation .
According to the kinked demand theory, when one firm raises its price, other firms will:
a. also raise their prices. b. refuse to follow. c. increase their advertising expenditures. d. exit the industry.
The Fed established stock market margin requirements to reduce the possibility of a stock market panic
Indicate whether the statement is true or false