A decrease in the money supply in the short run will cause an increase in planned investment spending
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is an example of a product that is excludable and nonrival?
A) a motorcycle B) the court system C) Western lowland gorillas D) a NASCAR event
Discuss the difference between a private cost and a social cost
What will be an ideal response?
Refer to above figure, which represents a duopoly industry. What would be the likely total industry payoff or profit?
A) $8 million B) $9 million C) $10 million D) $14 million E) zero
Which of the following is correct? When expected leakages exceed expected injections, then:
a. Inventories rise, unemployment tends to rise, and prices tend to fall. b. Inventories rise, unemployment tends to fall, and prices tend to rise. c. Inventories fall, unemployment tends to rise, and prices tend to rise. d. It is impossible for these two to be unequal. e. The nation's economy expands.