Which of the following is not a determinant of Investment spending?
A. Real income
B. Expected profitability
C. Interest rates
D. Taxes
Answer: A
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Based on the following data for the country of Tiny Town, the employment-to-population ratio equals ________ multiplied by 100. Population = 200 Working age population = 100 Labor Force = 90 Number of employed persons = 75
A) 90/100. B) 75/200 C) 90/200. D) 75/100.
If the marginal social cost exceeds the marginal social benefit for the last pair of shoes produced, then the economy is producing more than the efficient amount
Indicate whether the statement is true or false
What would happen in the market for bread if its demand increased but the price was NOT allowed to change?
A) There would be a surplus of bread. B) There would be a shortage of bread. C) The supply of bread would increase. D) The supply of bread would decrease.
If a nation produces more than it spends what do we know about: A. its net exports? B. its net capital outflow? C. its saving in relation to its domestic investment?