Which of the following would increase the level of planned real investment?
A) an expectation of higher future profits B) an expectation of higher future costs
C) an increase in business taxes D) an increase in the interest rate
A
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The main differences between the bank and the nonbank institutions include all of the following EXCEPT
A) banks are regulated by the Fed while nonbank institutions are not. B) banks obtain the funds to buy investment by attracting deposits while nonbank institutions borrow funds. C) banks hold more equity then nonbank institutions. D) banks' balance sheets include assets and liabilities while nonbank institutions' balance sheets include only liabilities.
If you deposit $500 in a savings account at an annual interest rate of 5%, how much will you have in the account at the end of five years?
A) $625 B) $392 C) $638 D) $550
What explains the rise in income in the U.S. between 1900 and 2013?
A) business cycles B) inflation C) recessions D) depressions E) none of the above
The main source of revenue for the U.S. federal government is
a. personal income taxes b. corporate income taxes c. sales taxes d. borrowing on financial markets e. revenue from the sale of government goods and services