One explanation for the sharp decline in inventory investment during the 2007-2009 financial crisis was ________
A) financing constraints
B) the rise in the level of income
C) the volatility of interest rates
D) the increase in total spending and therefore costs
A
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Which of the following is NOT part of a risk characterization?
a. a qualitative component that includes a description of the hazard b. a monetary component that assigns a dollar value to the risk c. a quantitative component that gives the magnitude of the risk d. an integrated analysis of the overall risk assessment process
A decrease in the average tax rate, with the marginal tax rate held constant, will
A) increase the amount of labor supplied at any real wage. B) not affect the amount of labor supplied at any real wage. C) decrease the amount of labor supplied at any real wage. D) increase the amount of labor supplied at any real wage if the average tax rate is above the marginal tax rate, but decrease the amount of labor supplied at any real wage if the average tax rate is below the marginal tax rate.
The opportunity cost of going to movies is the price of entry into the movies
a. True b. False Indicate whether the statement is true or false
If a country has a flexible exchange rate, will high rates of inflation, though generally harmful, price this country's goods off world markets? Explain.
What will be an ideal response?