If we plotted the given data on a graph with R&D expenditures on the horizontal axis, the:



A.  interest-rate cost-of-funds curve would be a vertical line.

B.  interest-rate cost-of-funds curve would be a horizontal line.

C.  expected-rate-of-return curve would slope upward.

D.  expected-rate-of-return curve would be a horizontal line.


B.  interest-rate cost-of-funds curve would be a horizontal line.

Economics

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In the United States, the central bank is the:

A. Federal Reserve. B. Congressional Budgeting Office. C. Treasury. D. National Bank of the United States.

Economics

Consider the monopoly in the figure below with price regulated at $20 per unit. The deadweight loss under the regulated price is:  

A. $1,350. B. $150. C. $2,300. D. There is insufficient information to compute the deadweight loss at the regulated price.

Economics

The Social Security system was founded

A) during the Civil War, to pay pensions for veterans. B) during the last years of the nineteenth century, as people who had once depended on having a family farm found themselves without a means of support. C) as the United States began to recover from the Great Depression. D) in response to concerns that arose during the high inflation of the 1970s.

Economics

Restrictions on imports

A. protect United States jobs. B. usually have no permanent effects on an economy. C. is the best way to increase exports. D. eventually reduce exports.

Economics