If a major technological breakthrough occurs, then the:
a. investment demand curve will shift downward.
b. investment demand curve will shift upward.
c. consumption function will shift downward.
d. consumption function will shift upward.
e. economy will move to a new point along the existing investment demand curve.
b
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Russian Rubles Because of sanctions over their involvement in Ukraine in 2014, the Bank of Russia has raised its benchmark interest rate from 8% to 9.5%. What affect does this have on the exchange rate for the Russian Rubble versus the Euro?
What factor has the greatest influence on elasticity and inelasticity of supply?
a. profit b. labor c. time d. financing
Why does a monopsonist's marginal expenditure curve lie above the labor supply curve?
What will be an ideal response?
Which line might represent an aggregate demand curve?
Refer to the graph above.
A. 1
B. 2
C. 3
D. 4