If the government instituted an investment tax credit, then which of the following would be higher in equilibrium?
a. saving and the interest rate
b. saving but not the interest rate
c. the interest rate but not saving
d. neither saving nor the interest rate
a
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Flexible exchange rates, proving to be much ________ volatile than economists predicted, have led to ________ calls for a return to fixed exchange rates
A) less, few B) less, many C) more, few D) more, many
?A process {yt} is a martingale if _____ is equal toytfor allt? 0.
A. ?E(yt+1|yt, yt-1, …, y0) B. ?E(yt+1|yt-1, …,y0) C. ?E(yt+1, yt| yt-1, …, y0) D. ?E(yt+1, yt| yt-1, yt-2)
How is dollarization different from monetary union?
What will be an ideal response?