An investment demand curve shows the varying amounts of investment that would be undertaken at various levels of
A. personal saving.
B. the real interest rate.
C. the average price in the economy.
D. consumer spending.
Answer: B
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Reparations for slavery in the United States would
A) be consistent with the Pareto principle. B) be inconsistent with the Pareto principle. C) have nothing to do with the Pareto principle. D) be unconstitutional.
Public goods
A) are overproduced by unrestrained markets. B) are simply private goods that the government provides. C) cannot be consumed by more than one person without the degradation of the value of the good. D) can be consumed by more than one person without degradation of the value of the good.
In a multiple regression framework, the slope coefficient on the regressor X2i
A) takes into account the scale of the error term. B) is measured in the units of Yi divided by units of X2i. C) is usually positive. D) is larger than the coefficient on X1i.
The exchange rate of currencies between countries affects the prices of the goods purchased and sold between them.
Answer the following statement true (T) or false (F)