(Interest Rate, Planned investment in billions): (3%,$400) (6%,$360), (9%, $320), (12%, $280), (15%, $240), (18%, $200): If the interest rate dropped from 15% to 6%, planned investment would ________ by $________ billion.

A) increase; 120
B) increase; 180
C) decrease; 120
D) decrease; 180


Answer: A) increase; 120

Economics

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Suppose a company's bond sold for $900 last month and this month the price is $1,200. The annual interest payment is $90. The current yield on this bond is

A. 10.0 percent. B. 22.2 percent. C. 18.2 percent. D. 7.5 percent.

Economics

The graph above represents a(n):

A. decreasing-cost industry: firms may be paying lower prices for their inputs when the industry expands. B. increasing-cost industry: firms may be paying higher prices for their inputs when the industry expands. C. constant-cost industry: prices of the inputs stay the same, and other production costs are constant as the industry expands. D. competitive, break-even industry: the long-run supply curve is upward sloping as it must be according to the law of supply.

Economics

The current U.S. unemployment insurance program

What will be an ideal response?

Economics

Figure 17-9


Refer to . The amount of revenue collected by the government from the tariff is
a.
$200.
b.
$400.
c.
$500.
d.
$600.

Economics