All other things constant, if the interest rate decreases on account of a monetary policy:
a. the demand for investment curve shifts to the right
b. the demand for investment curve shifts to the left.
c. there is a downward movement along the demand for investment curve.
d. there is an upward movement along the demand for investment curve.
e. real GDP decreases.
c
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For the late 19th and the first half of the 20th century, which of the following did NOT occur?
(a) The demand for foreign goods declined relatively as domestic income expanded. (b) Population soared. (c) Government intervention in market affairs slowed considerably. (d) The competitive economy fueled industrialization in the U.S.
Which of the following statements is correct about the demand curve of the perfectly competitive industry?
A) The demand curve of the perfectly competitive industry is horizontal as are the demand curves facing the individual firms. B) The market demand curve of perfect competition is vertical because the individual consumers are buying a homogeneous product. C) The market demand curve of the perfectly competitive industry is downward sloping while the demand curve facing an individual firm is horizontal. D) The market demand curve of the perfectly competitive industry is downward sloping, so the demand curves of the individual firms are also downward sloping.
According to the Gallup World Values Survey, 40 percent of those living in the poorest quartile of countries would like to:
A. receive more aid. B. trade freely. C. get more education. D. emigrate.
An organization of producers that limits the amount of a good produced is known as a
A) free market organization. B) collective. C) guild. D) co-op.