When the investment is graphed as a function of real GDP
A) it graphs as a vertical straight line.
B) it graphs as a 45-degree line starting at the indicated level of investment.
C) it graphs as a negatively sloped line indicating the inverse relationship between interest rates and investment.
D) it graphs as a horizontal straight line at the level of investment.
D
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In the short run, if the stock of capital ________ there will be more depreciation
A) remains stable B) grows C) declines D) grows, declines, or remains stable
When the demand and supply of grapes both increase by the same magnitude, we can predict that the: a. price of grapes will not change
b. quantity of grapes exchanged will fall. c. quantity of grapes exchanged will rise. d. Both a. and c. are correct.
Lack of access to sanitation and inadequate medical care have a negative impact on the development of human capital.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.