Interest rates and investment are actually observed to move most of time in ________, and this is explained by other factors affecting investment shifting the ________ curve to the right
A) the same direction, IS
B) the same direction, LM
C) opposite directions, IS
D) opposite directions, LM
A
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Firms can have a high degree of monopoly power and not be a perfect monopoly if they:
A. are the single producer of a product. B. control 80 to 90 percent of the market. C. have only a small number of competitors. D. intimidate the other businesses in the market.
Businesses will want to borrow more funds as the real rate of interest decreases
a. True b. False Indicate whether the statement is true or false
In 2009, the Social Security System ran a surplus of approximately $137 billion
a. True b. False Indicate whether the statement is true or false
Product _______ may create _______ trade between countries, particularly in those with similar relative factor endowments.
A) homogeneity; the absence of B) differentiation; one-way C) differentiation; two-way D) liability; two-way