If the investment curve is relatively flat, the Keynesian conclusion is that the transmission mechanism has little effect on the economy
a. True
b. False
Indicate whether the statement is true or false
False
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When trying out for the football team, the coach may have candidates run a lap around the track. This is an example of:
A. signaling. B. screening. C. strength building. D. training.
If labor is a firm's only variable input, marginal cost ultimately depends on
a. fixed cost b. how much profit is made c. the price of the good produced d. how much output each worker produces e. fixed cost per unit
Which of the following might explain a decrease in national saving when the tax rate on savings is reduced?
a. its substitution effect on saving and its effect on the government budget b. its substitution effect on saving but not its effect on the government budget c. its effect on the government budget but not its substitution effect on saving d. neither its substitution effect on saving nor its effect on the government budget
Which of the following is a driving force underlying economic growth?
What will be an ideal response?