If a country were to save more, but its domestic investment remained the same, then which of the following would rise?
a. both net capital outflow and net exports
b. net capital outflow but not net exports
c. net exports but not net exports
d. neither net exports nor net capital outflow
a
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What are the three types of advocacy?
A firm's expansion path is
A) the firm's production function. B) a curve that makes the marginal product of the last unit of each input equal for each output. C) a curve that shows the least-cost combination of inputs needed to produce each level of output for given input prices. D) none of the above
Bid-rigging is more likely when
a. auctions are for larger amounts b. auctions are infrequent c. auctions are for smaller amounts d. the auctioneer is paid on commission rather than a fixed fee
One of the major insights by economist John Maynard Keynes about inventories and demand was that if planned inventories:
A. < actual inventories then demand was lower than anticipated. B. > actual inventories then demand was lower than anticipated. C. = actual inventories then demand was higher than anticipated. D. > actual inventories then demand was higher than anticipated.