Which of the following is likeliest to have increased between points A and D?
a. price indices
b. interest rates
c. government spending
d. net imports
c. government spending
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Keynes hypothesized that the precautionary component of money demand was primarily determined by the level of
A) interest rates. B) velocity. C) income. D) stock market prices.
Building infrastructure is left to the government since ________
A) the cost of such projects would not be economical for any individual firm B) borrowing costs make such projects prohibitively expensive C) inflation tends to erode the real value of debt D) a natural monopoly would result if this activity were undertaken by an individual private firm
Women in poor countries are more likely to experience all of the following except
A. Being paid less than men. B. Restricted property rights. C. Being prohibited from bringing a dowry to a marriage. D. Prohibitions against voting.
If land and capital are complementary resources and the price of land goes down, the employment of capital ______.
Fill in the blank(s) with the appropriate word(s).