Before investing what should investors evaluate first?
What will be an ideal response?
Before investing, investors must evaluate the expected flow of future productive services that an investment project will yield.
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Indifference curves shift or rotate
A) only when income changes. B) only when prices change. C) when either income or prices change. D) with none of the above because changes in income and prices do not shift indifference curves.
Wage differentials between industries can be affected by productivity differences
Indicate whether the statement is true or false
To determine whether two goods are substitutes or complements, an economist would estimate the:
A. price elasticity of demand. B. income elasticity of demand. C. cross elasticity of demand. D. price elasticity of supply.
The federal budget deficit is found by:
A. subtracting government tax revenues plus government borrowing from government spending in a particular year. B. subtracting government tax revenues from government spending in a particular year. C. cumulating the differences between government spending and tax revenues over all years since the nation's founding. D. subtracting government revenues from the noninvestment-type government spending in a particular year.