A recent survey by India's central bank reported that spending plans by firms on large new projects fell by 46 percent in the year ending March 2012, compared with the prior year. This decrease will most directly impact
A) physical capital growth.
B) human capital growth.
C) technological change.
D) population growth.
A
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Lizzie's budget line is shown in the figure above. If Lizzie's income increases, her budget line
A) shifts rightward and its slope does not change. B) shifts leftward and its slope does not change. C) becomes flatter. D) becomes steeper.
According to William Shepard, the growth in competition from 1958 to 1988 in the United States can be attributed to
a. imports, efficient economic regulation, and antitrust activity b. the rise of the global market and inflation c. the fall of communism d. imports, deregulation, and antitrust activity e. exports, deregulation, and technological improvement
The simplified spending multiplier is calculated as:
A. 1/(1 ? MPC). B. ?1/(1 ? MPC). C. ?MPC/(1 ? MPC). D. (1 ? MPC) × ?MPC.
When organizing a collective action, it is generally true that the larger the group the:
A. higher the costs and benefits per person. B. lower the costs and benefits per person. C. higher the costs and lower the benefits per person. D. lower the costs and higher the benefits per person.