When gross investment is greater than depreciation, then the nation's capital stock increased
Indicate whether the statement is true or false
TRUE
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Aglets are the metal or plastic tips on shoelaces that make it easier to lace your shoes. The demand for aglets is probably
A) inelastic. B) unit elastic. C) elastic but not perfectly elastic. D) perfectly elastic.
Other things being equal, a reorganization of the OPEC cartel to permit it to increase world oil prices by 70 percent would most likely have which effect?
a. It would shift the aggregate demand curve right and the aggregate supply curve left b. It would shift the aggregate supply curve left c. It would shift the aggregate supply curve right d. It would shift the aggregate demand curve right
Explain why you would rather be a borrower during a period of unexpected rising inflation, and a lender during a period of unexpected declining inflation
What will be an ideal response?
Refer to the information provided in Figure 23.4 below to answer the question(s) that follow.
Figure 23.4Refer to Figure 23.4. The society's consumption is equal along C2 and C3 if
A. saving is positive. B. income is Y2. C. saving is negative. D. income is Y1.