In moving along a demand curve, everything is held constant except buyers' income
Indicate whether the statement is true or false
False
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According to the political business cycle theory, if the Fed wanted to see a President re-elected, prior to the election it might
a. lower the discount rate and sell bonds. b. lower the discount rate and buy bonds. c. raise the discount rate and sell bonds. d. raise the discount rate and buy bonds.
Technological advances have resulted in lower prices for digital cameras. What is the impact of this on the market for traditional (non-digital) cameras?
A) The demand curve for traditional cameras shifts to the right. B) The demand curve for traditional cameras shifts to the left. C) The supply curve for traditional cameras shifts to the left. D) The supply curve for traditional cameras shifts to the right.
Which of the following was an underlying cause of the economic crisis of 2008?
a. a failure of government to impose regulations on Fannie Mae, Freddie Mac, and other mortgage lenders b. the imposition of government regulations on Fannie Mae, Freddie Mac, and other lending institutions that eroded the conventional lending standards in place prior to the mid-1990s c. greedy mortgage lenders who extended risky loans to sub-prime borrowers even though the regulators were trying to limit these loans d. federal housing regulations that made it difficult for Fannie Mae, Freddie Mac, and other lending institutions to obtain sufficient loanable funds for the finance of housing construction
If depreciation is smaller than gross investment,
A. Net investment exceeds depreciation. B. The nation's capital stock is getting smaller. C. Gross investment is negative. D. Net investment is positive.