If business taxes are reduced and the real interest rate increases:
A. consumption and saving will necessarily increase.
B. the level of investment spending might either increase or decrease.
C. the level of investment spending will necessarily increase.
D. the level of investment spending will necessarily decrease.
B. the level of investment spending might either increase or decrease.
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Some countries have experienced an extraordinarily high rate of inflation known as _____. This is usually due to governments using money creation as a way to pay for their spending. The revenue the government raises by creating money is called the _____
Fill in the blank(s) with correct word
If the reserve ratio is 12.5 percent, then $2,000 of additional reserves can create up to
a. $8,000 of new money. b. $16,000 of new money. c. $32,000 of new money. d. None of the above is correct.
All of the possible combinations of two goods that lie on one indifference curve
A. Are affordable. B. Yield the same level of marginal utility. C. Yield the same level of utility. D. Give the consumer the highest possible utility.
Describe the economic case against monopoly
What will be an ideal response?