A dynamic decision is one that
A) is made very quickly.
B) involves only the present.
C) involves only the future.
D) involves planning over more than one time period.
D
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Countries with high rates of economic growth tend to have
A) a lower life expectancy at birth. B) low rates of technological advancement. C) a declining incidence of business cycle fluctuations. D) a labor force that is more productive.
The FOMC carries out its policies through directives to the bond-trading desk at the:
a. Federal Reserve Bank of Dallas. b. Chicago Fed. c. Federal Reserve of Philadelphia. d. Los Angeles Fed. e. Federal Reserve Bank of New York.
A price searcher confronts a downward sloping demand curve because
a. products in the market are differentiated. b. there is no close competitor in the market. c. the market is essentially monopolized. d. the firm gains nothing if it lowers its price.
Law of demand
What will be an ideal response?