If a freeze destroys much of the crop of an agricultural nation, then
A) the desired investment curve would shift to the left.
B) the desired investment curve would shift to the right.
C) net foreign lending would increase.
D) net foreign lending would decrease.
D
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The fundamental limitation on public expenditures during a specific time interval is expressed by
A. the governing political party. B. the size of the tax base. C. the government budget constraint. D. no such limitation exists.
The above figure definitely shows
A) a long-run equilibrium for a monopolistically competitive firm. B) an industry with few firms. C) a long-run equilibrium for a perfectly competitive firm. D) a long-run equilibrium for a perfectly competitive market. E) a short-run equilibrium for a monopoly.
Internal and external economies positively contributed to U.S. industrialization
Indicate whether the statement is true or false
If Marginal cost is lower than Average Cost (AC), average cost is
a. falling b. rising c. constant d. none of the above