The planned investment function will shift downward if
A) real disposable income increases.
B) the interest rate falls.
C) business expectations become more pessimistic.
D) the existing stock of capital decreases.
C
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In the presence of positive externalities, a free market will choose a price which is too ____ and produce an output which is too ____ compared with the social optimum.
A. high; low B. low; low C. high; high D. low; high
SUMMARY OUTPUTRegression StatisticsMultiple R0.971R-SquareAAdjusted R-SquareBStandard Error30.462Observations51ANOVA dfSSMSFSignificance FRegressionC747851.57373925.79402.989.89E-31Residual48D927.91 Total50792391.11 CoefficientsStandard Errort StatP-ValueLower 95%Upper 95%InterceptE62.1326.791.60E-301539.661789.51Price of Roses-6.68F-1.411.64E-01-16.162.81Disposable Income (M)9.730.34G1.23E-319.0410.42From the regression output, the predicted regression line is:
A. QRd = 2.32 ? 6.68PR + 9.73M. B. QRd = 1664.46 ? 6.68PR + 9.73M. C. PR = 1664.46 ? 6.68QR + 9.73M. D. There is not sufficient information to answer the question.
Which of the following is not a true statement about the Bretton Woods system?
A) The value of the dollar was fixed in terms of gold. B) Other currencies fixed values in terms of the dollar. C) The U.S. was able to increase its money supply easily. D) Trade deficits were eliminated.
The odd-Frank does all of the following except:
A. sets out new rules for financial institutions and markets. B. requires closer government oversight over key establishments called systemically important financial institutions. C. repeals the Glass-Steagall Act of 1933. D. sharply alters the authorities of the government agencies that govern the financial sector.