Refer to Figure 4-1. What is the total amount that Arnold is willing to pay for 4 burritos?
A) $1.00 B) $4.00 C) $7.00 D) $10.00
C
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When a supply shock is permanent
A) both the long-run and short-run aggregate supply curves shift leftward. B) there are no shifts in either the long-run or short-run aggregate supply curve. C) only the long-run aggregate supply curve shifts leftward. D) only the short-run aggregate supply curve shifts leftward.
An unplanned decrease in inventories results in
A) actual investment that is greater than planned investment. B) an increase in planned investment. C) actual investment that is less than planned investment. D) a decrease in planned investment.
In the United States, antitrust law focuses primarily on all of the following except which one?
A) consumer welfare B) the means to monopolize a market C) furthering the social interest D) efficiency
Use the following cumulative investment schedule to answer the next question. Expected Rate of ReturnCumulative Amount of Investment (in billions)22%$11020150161801021052952380According to the cumulative investment table above, if the real interest rate falls from 20% to 16%, then
A. $180 billion of additional investments will be undertaken. B. $440 billion of total investments will be undertaken. C. $330 billion of total investments will be undertaken. D. $30 billion of additional investments will be undertaken.