Unbalanced investment projects are largely responsible for the high concentration of wealth in poor countries
Indicate whether the statement is true or false
F
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When investors reduce their investment spending, it is a sign that they are ________ about the economy
A) taking risks B) ill-advised C) optimistic D) pessimistic
The principal-agent problem:
A. is when the principal has more information than the agent. B. is when the agent is tempted to put in more effort than the principal would like. C. is commonly seen in the employer-employee relationship. D. is when the principal and agent have the same objectives.
The purchase of a virtual item from an online company with a virtual currency causes the nation's:
a. Monetary base to remain the same. b. M2 money supply to fall. c. M2 money multiplier to fall. d. M2 money supply to rise.
In the United States, for a $1 fall in state government revenue, the federal government increases transfers by:
A) $2. B) $1. C) 30 cents. D) 15 cents.