Capital investment becomes more profitable for a business firm as the real interest rate decreases.
Answer the following statement true (T) or false (F)
True
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The table above gives a nation's investment demand and saving supply schedules. It also has the government's net taxes and expenditures. The government has a budget
A) surplus of $60 billion. B) deficit of $20 billion. C) surplus of $20 billion. D) deficit of $60 billion. E) surplus of $40 billion.
A chart of the ratio of national debt to GDP from 1915 to 2014 would show
a. a continuous decline. b. sharp increases from 1945 to 1975. c. significant increases from 1983 to 1994. d. significant decreases from 2003 to 2010.
If the demand for textbooks is inelastic, then an increase in the price of textbooks will
a. increase total revenue of textbook sellers. b. decrease total revenue of textbook sellers. c. not change total revenue of textbook sellers. d. There is not enough information to answer this question.
In recent years, China and India have prospered economically by introducing
A. a stronger central bank. B. more competition through markets. C. greater government intervention. D. more centralized planning.