According to economists, human activity is unresponsive to changes in costs
a. True
b. False
Indicate whether the statement is true or false
False
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Explain what is meant by the term "monetizing the deficit."
What will be an ideal response?
Human resources that perform the functions of organizing, managing, and assembling the other factors of production are called
A) physical capital. B) venture capital. C) entrepreneurs. D) productive capital.
Planned investment is the:
A. spending households engage in based on forecasted budget. B. amount that firms decide to allocate to inventory accumulation. C. investment that a firm decides upon as a result of temporary market changes. D. amount that firms decide to allocate to new capital resources and inventory accumulation.
Suppose you hold $5,000 in cash when the interest rate on bonds is 4 percent. Other things equal, as the bond interest rate declines to 3 percent, you will want to hold more money because the opportunity cost of holding money has decreased
a. True b. False Indicate whether the statement is true or false