The break-even investment line becomes flatter when the depreciation growth rate ________ or the labor force growth rate ________
A) increases; decreases
B) increases; increases
C) decreases; increases
D) decreases; decreases
D
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An increase in the market interest rate will _____
Fill in the blank(s) with the appropriate word(s).
Refer to the graph shown.The diagram demonstrates that an increase in the price of soda will:
A. raise the quantity demanded of chocolate bars. B. reduce the quantity demanded of soda. C. raise the quantity demanded of soda. D. raise the consumer's available income.
For a typical firm, the long-run average total cost curve:
A. is lower than the short-run average total cost curves. B. is tangent to each possible short-run average total cost curve at one point. C. intersects each possible short-run average total cost curve at two points. D. passes through the minimum points of all possible short-run average variable cost curves.
The country of Old Jersey produces milk and butter, and it has published the following macroeconomic data, where quantities are in gallons and prices are dollars per gallon.Between Year 1 and Year 2, the GDP deflator (based on Year 1 as a base year) rose
A. 83.33%. B. 81.25%. C. 123.00%. D. 60.00%.