Increased inflation _____ the value of depreciating capital assets
a. raises
b. erodes
c. does not affect
d. creates uncertainty regarding
b
You might also like to view...
Sarah is a high school graduate and James is a college graduate. Which of the following statements is true?
A) Sara is likely to have more human capital than James. B) James is likely to have more human capital than Sara. C) Both Sara and James are likely to earn the same wage in the labor market. D) Both Sara and James are likely to have the same amount of human capital.
Refer to Figure 8.3. Holding other variables constant, a decrease in income taxes accompanied by an increase in the skill level of workers will result in a
A) shift from curve D1 to curve D2 and a shift from curve S1 to curve S2. B) shift from curve D2 to curve D1 and a shift from curve S1 to curve S2. C) shift from curve D1 to curve D2 and a shift from curve S2 to curve S1. D) shift from curve D2 to curve D1 and a shift from curve S2 to curve S1.
Which of the following correctly describe an economy's potential output level?
a. The maximum output level that is sustainable given available resources, technology, institutional constraints, and production incentives. b. The amount produced when there are surprises associated with the price level in an economy. c. The amount produced when there are surprises associated with the unemployment level in an economy. d. The maximum output level that is not sustainable given available resources, technology, institutional constraints, and production incentives.
The slope of a regression line is calculated by dividing
A. the intercept by the change in horizontal distance. B. the change in horizontal distance by the change in vertical distance. C. the change in horizontal distance by the intercept term. D. the change in vertical distance by the change in horizontal distance. E. none of these answer options are correct.