An decrease in the real interest rate will cause an increase in ________
A) consumption
B) planned investment
C) net exports
D) all of the above
E) none of the above
D
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The table below describes the relationship between the number of workers hired by a call center each hour and the number of calls the call center can make each hour. The call center has only 1 telephone. The telephone costs the firm $5/hour (regardless of how many calls are made), and each worker is paid $10 per hour.Calls PerHourNumber ofTelephonesPer HourNumber ofWorkersPer Hour0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225If the price of a telephone increases to from $5 to $10 an hour and nothing else changes, then:
A. total cost would not change. B. marginal cost would not change. C. fixed cost could not change. D. marginal cost would increase by $5 at every level of output.
Fiat money has
A) little to no intrinsic value but is backed by the quantity of gold held by the central bank. B) little to no intrinsic value and is authorized by the central bank or governmental body. C) value, because it can be redeemed for gold by the central bank. D) a great intrinsic value that is independent of its use as money.
Being a monopoly or attempting to monopolize act as sufficient evidence that lead to a guilty verdict under the rule of reason
a. True b. False Indicate whether the statement is true or false
The cost disease of services explains the problems surrounding the health care crisis
a. True b. False Indicate whether the statement is true or false