The U.S. interest rate has ________ on the supply of dollars and has ________ on the demand for dollars
A) an effect; an effect
B) no effect; no effect
C) an effect sometimes; an effect sometimes
D) no effect; an effect
E) an effect; no effect
A
You might also like to view...
Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
The potential for profit-increasing false advertising is greatest for which of the following goods?
A) deodorant B) toilet paper C) paper towels D) a home water heater
Answer the following statement(s) true (T) or false (F)
1. In the long run, all inputs to a firm’s business can be adjusted. 2. When a firm experiences diminishing marginal product, its total output declines. 3. Fixed costs do not have to be paid if no output is produced. 4. In the short run, a firm’s average fixed cost rises with output. 5. Marginal cost is the change in fixed cost associated with a change in output by one unit.
You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the following table.ProjectBoom (50%)Recession (50%)A$20-$10B-$10$20C$30-$30D$50$50The expected value of project D is:
A. $10. B. $20. C. $5. D. None of the answers are correct.