Which of the following is least likely to increase the demand for new tires?
a. a decrease in the price of tires
b. a decrease in the price of cars
c. an increase in consumer income
d. an increase in the number of miles people drive per year
a
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Skyline Chili wants to finance the purchase of new equipment for its restaurants. The firm has limited internal funds, so Skyline likely will
a. demand funds from the financial system by buying bonds. b. demand funds from the financial system by selling bonds. c. supply funds to the financial system by buying bonds. d. supply funds to the financial system by selling bonds.
The marginal product of labor is calculated assuming other factor inputs
A) increase more than proportionately. B) increase less than proportionately. C) remain constant. D) decrease.
Along with currency not in banks and deposits in checking accounts, what is another component of the M1 measure of money?
A) traveler's checks B) debit cards C) credit cards D) prepaid accounts
How can technological advance result in creative destruction?
Please provide the best answer for the statement.