The retained earnings that corporations often use to finance R&D are also known as:
A. venture capital.
B. undistributed profits.
C. dividends.
D. mutual funds.
Answer: B
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Swiss experience in the 1980s evidences the ________
A) effectiveness of targeting monetary aggregates B) need for discretion in the face of structural changes in the economy C) value of fiscal policy over monetary policy D) ascendancy of flexible exchange rate regimes over fixed exchange rate systems
The long-run aggregate supply curve
a. is vertical b. is upward sloping c. is downward sloping d. is horizontal e. can have a variety of shapes depending on fiscal policy
Oligopolists seldom change prices, because they don’t like change.
Answer the following statement true (T) or false (F)
How does a decrease in government spending affect the aggregate expenditure line
What will be an ideal response?