The crowding-in effect depends on the sensitivity of investment to
a. GDP, as does the crowding-out effect.
b. interest rates, whereas the crowding-out effect depends on the sensitivity of investment to GDP.
c. interest rates, as does the crowding-out effect.
d. GDP, whereas the crowding-out effect depends on the sensitivity of investment to interest rates.
d
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The closer the exchange price is to the valuation of the buyer, the greater the buyer's share of the economic value created by the exchange
Indicate whether the statement is true or false
In general, the riskier the investment, the _____________________ the potential profit rate.
Fill in the blank(s) with the appropriate word(s).
During the EMS crisis in 1992,
A) all the EMS countries abandoned the system. B) Germany abandoned the system. C) England and Italy abandoned the system. D) France was put in charge of the system. E) all the EMS countries stood firm, and refused to change central parities.
When a bakery manager reports that productivity of the 15 workers at her bakery last month was 1,800 loaves per worker, she is referring to the
A. marginal product of labor. B. total product of labor. C. total product of capital. D. average product of labor.