Investment, as defined by economists, would not include which of the following? Ford
A) buys a new robotic machine (from a plant in Ohio) to assemble cars.
B) adds 1,000 new cars to inventories.
C) builds another assembly plant in the United States.
D) buys U.S. government bonds.
Answer: D
You might also like to view...
Suppose the following two events occur in the domestic market for radiologists:
a. Some hospitals are outsourcing some radiology services such as reading x-rays. b. Some medical schools have closed down their radiology departments as fewer students enroll in this field. What is likely to happen to the equilibrium wage and quantity of radiologists following these two events? A) The equilibrium wage falls and the effect on equilibrium quantity of radiologists is indeterminate. B) The equilibrium wage and the equilibrium quantity of radiologists fall. C) The equilibrium wage and the equilibrium quantity of radiologists rise. D) The equilibrium quantity falls and the effect on the equilibrium wage of radiologists is indeterminate.
Which of the following is one component of the "trilemma" that is faced by policy makers in choosing monetary arrangements?
A) exchange rate stability B) restrictions on international capital movements C) tariffs and subsidies D) restrictions on the migration of labor E) global inflation
Refer to the payoff matrix above. Which of the following is the iterated elimination of dominated strategies outcome of the game?
A) Middle/High
B) High/High
C) Low/High
D) Low/Middle
Assuming there is no government or foreign sector, [1 / 1-MPC] represents
A. the multiplier. B. the consumption function. C. break even income. D. the saving function.