In economics, "investment" refers only to the creation of new capital.
Answer the following statement true (T) or false (F)
True
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Because the Constitution forbids restraints on interstate trade
A) the U.S. may not impose tariffs on imports from NAFTA countries. B) the U.S. may not affect the international value of the $ U.S. C) the U.S. may not put restraints on foreign investments in California if it involves a financial intermediary in New York State. D) the U.S. may not impose export duties. E) the U.S. may not disrupt commerce between Florida and Hawaii.
An increase in the interest rate, other things constant, will: a. shift the supply of loanable funds curve to the left. b. shift the supply of loanable funds curve to the right. c. increase the quantity of loanable funds supplied
d. shift the demand for loanable funds curve to the left. e. increase the quantity of loanable funds demanded.
Suppose that we reduce the federal budget deficit (in billions of dollars) in year 1 from 300 to 150 and in year 2 from 150 to 50. During these two years the national debt will
A. fall by 50. B. rise by 50. C. rise by 150. D. rise by 200.
A tax levied on purchases of a particular good or service
A) is illegal because it is discriminatory. B) always leads to a reduction in total tax revenues. C) always leads to an increase in total tax revenues. D) is an excise tax.