Increased optimism about the future will lead to
A.
Less current investment and less future consumption
B.
More current investment and more future consumption
C.
More current investment and less future consumption
D.
Less current investment and more future consumption
B.
More current investment and more future consumption
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Supply-side economics focuses attention on how fiscal policy might be used to
A) shift the aggregate supply curve out. B) increase consumption. C) align aggregate demand and aggregate supply. D) increase aggregate demand to the full-employment level of real GDP.
If the United States receives $200 billion of foreign investment and at the same time invests a total of $160 billion abroad, then the U.S
A) balance of payments must be negative. B) current account must be in surplus. C) official settlements account balance increases by $40 billion. D) capital and financial account balance decreases by $40 billion. E) capital and financial account balance increases by $40 billion.
The most that someone would pay today to receive a certain sum at some point in the future is known as
A) the interest rate. B) present value. C) future value. D) economic profit.
The relationship between price and quantity supplied after firms fully adjust to any short-term economic profit or loss resulting from a change in demand is illustrated by the
a. long-run industry supply curve b. Dutch auction model c. short-run firm supply curve d. constant-cost industry supply curve e. short-run industry supply curve