In an economy experiencing a growing stock of capital:
A. gross private domestic investment is greater than depreciation.
B. nominal GDP is rising and real GDP is falling.
C. nominal GDP is rising and real GDP is constant.
D. depreciation is greater than gross private domestic investment.
Answer: A
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a. the size of the firm's plant b. land c. highly skilled labor d. All factors are variable in the long run.
The demand curve for the shares of a company's stock slopes upward, since the higher the price of the stock, everything else remaining the same, the higher the quantity of stock demanded
a. True b. False Indicate whether the statement is true or false
According to the equation of exchange, if the money supply is $800 million, real GDP is $3,000 million, and nominal GDP is $4,000 million, then the velocity of money is equal to:
a. 3.5. b. 1.7. c. 10.3. d. 5. e. 2.
In which of the following cases did the final court decision result in a breakup of the firm into competing businesses?
A. Microsoft case. B. Standard Oil case. C. U.S. Steel case. D. DuPont cellophane case.