Which of the following does not illustrate the idea of creative destruction?
A. Digital downloads have shrunk the market for CDs and DVDs
B. Online retail sales have increased, while brick-&-mortar sales have slowed down
C. The opening of a new mall reduces the traffic in another mall
D. A firm has to destroy some of the expired products in its inventory
Answer: D
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Which of the following has NOT been one of the primary sources of economic growth over the last 200 years?
A) investment in new capital B) resource conservation C) investment in human capital D) discoveries of new technology
Which aspects of a bank's operations are evaluated as part of the CAMELS rating system?
What will be an ideal response?
A subsidy:
A. increases the amount that buyers pay for a good. B. reduces the amount that buyers pay for a good. C. reduces both the amount that buyers pay and the amount sellers receive for a good. D. increases both the amount that buyers pay and the amount sellers receive for a good.
How is it possible for investment spending to increase even in a period in which the real interest rate rises? Explain three reasons for this
What will be an ideal response?