Because ________ in the government budget deficit increase the real interest rate, budget deficits can ________ firm investment
A) increases; increase
B) decreases; increase
C) decreases; decrease
D) increases; decrease
Answer: D
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The figure above shows the marginal benefit and marginal cost curves for pizza. In the figure, what is the efficient quantity of pizza?
A) 0 pizzas B) 10,000 pizzas C) 20,000 pizzas D) 30,000 pizzas E) The efficient quantity cannot be determine without more information.
Which of the following statements is not consistent with the "environmental explanation" of wage and productivity?
a. "Women are more likely than men to leave the labor force to care for children and hence acquire less work experience than do men." b. "Blacks and other minorities do not receive, on average, the same quality of education as whites." c. "Boys are more likely than girls to receive moral and financial support from their families to attend college." d. "Employers discriminate systematically against blacks and women."
If the interest rate is 5 percent (0.05) per year, what is the present value of $3,000 to be received two years from now?
a. $2,850.00 b. $3,000.00 c. $2,707.50 d. $2,721.09 e. $2,857.14
Off-budget expenditures:
What will be an ideal response?