A safety measure whose benefits outweigh its costs is called a ________
Fill in the blank(s) with correct word
cost-justified precaution
You might also like to view...
What does the slope of the credit supply curve imply? When do movements along a credit supply curve occur?
What will be an ideal response?
In the Keynesian cross diagram, an increase in investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift ________ and the equilibrium level of aggregate output to
________, everything else held constant. A) up; rise B) up; fall C) down; rise D) down; fall
In the self-correcting AD/AS model, the economy's short-run equilibrium position is indicated by the intersection of which two curves?
a. Long-run aggregate supply and aggregate demand. b. Long-run aggregate demand and short-run personal consumption expenditures curve. c. Short-run aggregate supply and aggregate demand. d. Short-run aggregate supply and long-run aggregate supply.
The quantity demanded of money falls as the
A) interest rate falls. B) interest rate rises. C) supply of money rises. D) none of the above, since the quantity demanded of money is unrelated to the interest rate