Private sector investment is usually done through borrowing. The economic variable that influences the level of investment is the

A. inflation rate.
B. per capita GDP.
C. the real interest rate.
D. employment rate.


Answer: C

Economics

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Which of the following are TRUE regarding the argument that trade barriers protect U.S. workers from cheap foreign labor? I. Low-wage foreigners are just as productive as U.S. workers. II. U.S. workers have a comparative advantage in low-wage jobs

A) I only B) II only C) I and II D) Neither I nor II is correct.

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Which of the following is NOT an antitrust law?

A) the Robinson-Patman Act B) the Smoot-Hawley Act C) the FTC Act D) the Sherman Act

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When a rare skill contributes to the production of something that consumers value highly the:

A. value of the marginal product is high. B. marginal cost per unit is low. C. total product is high. D. marginal product is high.

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An increase in a per unit production subsidy ______ supply.

Fill in the blank(s) with the appropriate word(s).

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