Factors that influenced planned investment spending include
A) real interest rates.
B) financial frictions.
C) emotional waves of optimism and pessimism.
D) all of the above.
E) A and C.
D
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A natural monopoly has
A. many producers of the same product. B. easy access to the market. C. a single firm providing the industry's output. D. one buyer of output.
A decrease in the price of a substitute shifts the demand curve to the _______
a. right b. left c. it does not change the demand curve d. none of the above
When the Federal Reserve buys new government bonds, it is borrowing from the government
a. True b. False
In the short run, the point on the aggregate demand curve where an economy will end up depends on:
A. the short-run aggregate supply curve. B. the money supply. C. potential output. D. the long-run rate of inflation.