When actual investment is greater than planned investment:
A. firms have sold less output than expected.
B. the economy produces the short-run equilibrium output.
C. firms have sold more output than expected.
D. the quantity of output sold is the amount the firm expected to sell.
Answer: A
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A. subsidized. B. prohibited. C. taxed. D. left alone.
If the shoplifter knows that the security guard has a reputation for sleeping on the job, what would his best response be
a. Steal b. Not steal c. Run d. Hide
A consumer's demand for a product decreases because other consumers own it. This would reflect: a. A bandwagon effect
b. a positive network externality. c. A snob effect. d. none of the above
Since World War II, international exchange rates have been
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