The intercept term of the linear investment function measures:
A) induced investment expenditures.
B) autonomous investment expenditures.
C) income.
D) none of the above.
B
You might also like to view...
When a manager's bonuses are tied to multiple unrelated performance measures
a. we typically see the manager miss all goals by about the same amount b. we typically see the manager greatly exceeding some goals while missing others altogether c. we typically see the manager just meeting some goals while missing others by a wide margin d. we typically see the manager indifferent to the goals
In a market economy, the decision regarding allocation of resources is made by
a. automatic forces of supply and demand. b. authorities in Washington, D.C. c. planners in state capitals. d. committees from a variety of economic interest groups. e. All of the above are correct.
The expected effects of a tighter monetary policy are
a. lower real interest rates. b. exchange rate depreciation. c. lower inflation. d. All of the above are correct.
All of the following are true EXCEPT
A) trade between two nations reduces their opportunity costs. B) trade makes nations dependent on each other. C) trade between nations will not benefit all citizens. D) the principle of comparative advantage does not apply to countries with limited resources.