If spending is NOT responsive to changes in the interest rate, then the
A) LM curve is vertical.
B) IS and LM curves are vertical.
C) IS curve is vertical.
D) IS curve is vertical and the LM curve is horizontal.
C
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With which choice are you more likely to avoid Bid-rigging cartels?
a. The winning bids are announced b. The winning bids are not announced c. Winning bids are announced right after the auction d. Both A&C
When a country follows an inward-oriented strategy, it tends to produce:
a. only tertiary goods. b. goods in which it has an absolute advantage. c. only labor-intensive goods. d. goods for which no export barriers exist. e. goods that replace foreign manufactured products.
Hostile takeovers of corporations have been in the business news for some time now. Several states have passed laws making it harder for out-of-state corporations to acquire firms headquartered in their states. Several corporations have established “golden parachutes” to give executives high payoffs in case of hostile takeover. What market imperfection is likely to be worsened by these actions? Explain.
What will be an ideal response?
The consumption function shows how much
A. households plan to consume per year at each level of savings. B. real disposable income people will earn at each income tax bracket. C. households plan to consume per year at each level of real disposable income. D. households plan to consume per year at each possible interest rate.