Refer to Figure 16.3. A shift from AS2 to AS3 could be caused by
A. Tougher FDA standards.
B. An increase in the minimum wage.
C. Tighter regulation of transportation services.
D. A decrease in immigration restrictions.
Answer: D
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If the cost of capital decreased to 1%, does the firm invest in the new technology?
a. Yes because the NPV>0 b. Yes because the NPV=0 c. Need information on the marginal benefits and costs d. No because the NPV<0
When two variables move in the same direction, the curve relating them is downward sloping, and we say the variables are negatively related
a. True b. False Indicate whether the statement is true or false
The slope of a line is equal to
a. rise divided by run. b. run divided by rise. c. rise minus run. d. rise plus run.
Based on the information in the table, the total amount of bank deposits decreased from ________ to ________ over the course of 1932. Currency held by public (in billions)Reserve-deposit ratioBank reserves (in billions)Money supply (in billions)December 1931$4.590.095$3.11$37.3December 1932$4.820.109$3.18$34.0
A. $32.7 billion; $29.2 billion B. $37.3 billion; $34.0 billion C. $37.3 billion; $32.7 billion D. $34.2 billion; $30.8 billion