You want to invest in a firm whose profits show small fluctuations throughout the business cycle. Which of the following would you invest in?
A) A corporation that depends heavily on business fixed investment
B) A corporation that depends heavily on residential investment
C) A corporation that depends heavily on consumer nondurables
D) A corporation that depends heavily on consumer durables
C
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A benefit-based standard is one that
a. considers the benefits balanced with the costs of that standard b. maximizes the marginal external benefit (MEB) of the standard c. is set to the point at which MEB is zero d. none of the above
A leftward shift of a supply curve is called a(n):
A. decrease in quantity supplied. B. increase in supply. C. decrease in supply. D. increase in quantity supplied.
What is the difference between accounting profit and economic profit?
What will be an ideal response?
What fiscal policy actions did the U.S. government take in 2008 and 2009?
What will be an ideal response?