Other things equal, investment spending will increase when:
a. interest rates are lowered.
b. firms operate under full capacity.
c. corporate taxes are increased.
d. capacity utilization is low.
e. the cost of capital rises.
a
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Since 1950, it can be observed that the female participation rate in our labor force has
A) increased. B) decreased. C) stayed constant. D) moved erratically up and down.
Adam Smith believed that a nation would produce the maximum wealth by relying on government to make public interest economic decisions
a. True b. False Indicate whether the statement is true or false
Stella's marginal utility of the last unit of X consumed is 18 and her marginal utility of the last unit of Y consumed is 12 . What prices for X and Y, respectively, are consistent with Stella being in consumer equilibrium?
a. $4 and $6 b. $12 and $18. c. $15 and $15. d. $12 and $8.
When the government steps in to help determine prices, it is called
a. price ceilings. b. price floors. c. equilibrium prices. d. price control.