A rise in the real interest rate r
a. creates income and substitution effects that reduce C0.
b. creates income effects that reduce C0, substitution effects that increase C0.
c. creates income effects that increase C0, substitution effects that reduce C0.
d. creates income and substitution effects that increase C0.
c
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If we produce one more bottle of water:
a) we incur a marginal cost. b) the marginal social benefit from bottled water increases. c) the price must rise. d) we must move away from equilibrium e) we act efficiently.
In terms of Porters Five forces model, the formation of physician/hospital networks are an attempt to:
Develop a structure to create new medical technologies quickly Mitigate the power of buyers with stronger suppliers Inhibit the threat of new entrants All of the these
Antitrust laws are enforced by:
A. the Department of Commerce. B. the Federal Trade Commission. C. the Federal Reserve. D. the Department of Labor.
Which of the following is included in both the balance of trade and the balance of payments?
A. exports B. earnings on domestic assets owned by foreign residents C. earnings by domestic residents on assets located abroad D. international capital movements