If the expected rate of return on investment spending increases, the investment spending function _____
a. shifts upward
b. shifts downward
c. rotates upward
d. rotates downward
a
You might also like to view...
The Federal Reserve's credit policy refers to
A) the Fed's direct lending to homeowners and students. B) regulations on terms on credit cards that banks issue. C) a direct credit on bank depositors' saving and checking accounts. D) the Fed's direct lending to financial and nonfinancial firms.
Jason needs help getting ready for the next test in his economics course and would like to hire Maria, an economics tutor, to help him
Jason is willing to pay $30 for the first hour of tutoring, $25 for the second, $20 for the third, $15 for the fourth, and $10 for the fifth. The equilibrium price for tutoring is $15 per hour. For how many hours of tutoring will Jason hire Maria? Why this amount of hours? What is Jason's consumer surplus, if any, from the tutoring? What is Maria's consumer surplus from the tutoring?
In the above figure, the average fixed cost curve is curve
A) A. B) B. C) C. D) D.
Plurality voting fails which of the criteria for an ideal voting system?
A. Transitivity B. No dictator C. Unanimity D. Independence of irrelevant alternatives