Marginal cost
A) increases as more is produced.
B) remains constant as more is produced.
C) decreases as more is produced.
D) decreases as marginal benefits decrease.
A
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Suppose the government has a budget surplus of $2 billion. If there is no Ricardo-Barro effect, what occurs?
A) The demand for loanable funds curve shifts rightward, raising the interest rate, and increasing investment. B) The supply of loanable funds curve shifts leftward, lowering the interest rate, and increasing investment. C) The demand for loanable funds curve shifts leftward, lowering the interest rate, and decreasing investment. D) The supply of loanable funds curve shifts leftward, raising the interest rate, and decreasing investment. E) The supply of loanable funds curve shifts rightward, lowering the interest rate, and increasing investment.
Workers compete against workers who have:
A. the exact same type of human capital. B. similar human capital. C. totally different human capital. D. all levels of human capital.
While credit cards like Visa are convenient instruments to use in exchange, they are not actually money
Indicate whether the statement is true or false
The big-push strategy, if successful, triggers
a. capital flight b. a cluster of interrelated investments c. an entrepreneurial surge in the economy d. forward linkage e. arbitrage