Which of the following factors will shift AD1 to AD3?
A. An increase in expected returns on investment
B. An increase in productivity
C. A decrease in real interest rates
D. A decrease in consumer wealth
D. A decrease in consumer wealth
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Tom and Billy are playing a game. They both toss a coin simultaneously. If both are heads or tails, Tom wins. If the results of the tosses are different, Billy wins. This is an example of a(n) ________
A) prisoners' dilemma B) variable-sum game C) zero-sum game D) extensive-form game
An asset's interest rate risk ________ as the duration of the asset ________
A) increases; decreases B) decreases; decreases C) decreases; increases D) remains constant; increases
You are considering buying a store. The storeowner gives you an estimate of the net profits of the store on a typical day. The owner has most likely given you the figures for the day when
a. Sales are low, costs are high b. Sales are very close to costs c. Sales are high, costs are low d. All of the above
Which of the following is not a principal means by which corporations obtain money for investment?
a. selling stocks b. selling bonds c. retaining earnings d. receiving dividends