The quantity of investment demanded by firms
A. is positively related to the level of uncertainty.
B. is unrelated to the interest rate.
C. is directly related to the interest rate.
D. is inversely related to the interest rate.
Answer: D
You might also like to view...
The figure above shows an education market in which the government is providing households with vouchers. In total, how much do the schools receive for a student?
A) $4,000 B) $8,000 C) $12,000 D) $16,000 E) $20,000
Life expectancy in the U.S.:
a. is the highest in the world b. is the lowest in the world c. ranks about 100th in the world d. ranks about 40th in the world
Even economists who advocate small government agree that
a. national defense is a public good and that the government should provide it. b. national defense is a common resource and that the government should provide it. c. national defense is a public good, but many of them believe that it should be provided by private firms rather than by the government. d. national defense is a common resource, but many of them believe that it should be provided by private firms rather than by the government.
Using our model of consumer choice, is it possible for a consumer to buy less of a particular good when his income rises? Briefly explain