The theory of investment that links investment spending to stock prices is known as the
A) multiplier model. B) accelerator model.
C) neoclassical theory of investment. D) Q-theory of investment.
D
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The Bretton Woods system
a. established fixed par values for currencies in terms of gold. b. was to be a system of adjustable pegs to the dollar. c. expected countries with persistent surpluses to devalue their currencies. d. was after the Great Depression in order to end the downturn.
In 2015, the U.S. experienced a deficit in its balance of trade with
A. Africa. B. Europe. C. OPEC. D. all of the answers are correct.
Which would cause an increase in the supply of a product at a given price?
a. An increase in the costs of producing a substitute product b. A reduction in the cost of resources to produce the product c. An increase in the costs of producing a complementary product d. An increase in the price of the product
The "other things being equal" clause in the law of demand does allow which of the following factors to change?
A. Consumer income. B. The prices of other goods. C. Consumer tastes and preferences. D. The price of the good being demanded.