Technically, the accelerator relates the level of an economy's investment to the change in its
a. level of national income
b. economic growth rate
c. ratio of saving to personal income
d. ratio of investment to personal income
e. rate of depreciation of capital stock
A
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Which of the following would lead to a depreciating dollar?
A. A higher federal deficit B. Lower interest rates C. Higher interest rates D. Contractionary monetary policy
Over the business cycle, factors such as the quantity of capital, human capital and technology
A) change randomly, sometimes growing, sometimes falling. B) change drastically, fluctuating more than the quantity of labor employed. C) fluctuate about the same amount as the quantity of labor employed. D) grow but do not fluctuate as much as the quantity of labor employed. E) do not grow and are therefore not the source of economic growth.
How do governments in the United States redistribute income?
What will be an ideal response?
What is the price of a TV in an open economy with a quota?
A. $100 B. $75 C. $150 D. $125