Firms react to negative inventory investment by increasing output.
Answer the following statement true (T) or false (F)
True
Economics
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In the long run, larger budget deficits lead to ________
A) higher saving levels B) a fall in investment C) lower interest rates D) all of the above E) none of the above
Economics
The government can borrow money from both the bond market and the loanable funds market
a. True b. False Indicate whether the statement is true or false
Economics
In this graph of a firm’s supply and demand for labor, at what point are profits of labor maximized?
a. before MRP reaches W*
b before q* reaches W*
c. when there are q* workers
d. when quantity is highest
Economics
Which product would be likely to be bought in the same quantity even if it doubled in price?
(A) Shoes (B) Computers (C) Telephones (D) Pencils
Economics