Two operators of separate networks would not want to be compatible so they could connect their networks
Indicate whether the statement is true or false
F It is possible the enhanced network economies would motivate both network owners to want to interconnect (it is possible they would not want resulting competition, but network economies could be more important).
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In the traditional Keynesian model, if the government increases government spending,
A) the C + I + G + X line will shift up but the aggregate demand curve will not shift. B) the C + I + G + X line will shift down but the aggregate demand curve will not shift. C) the C + I + G + X line will shift up and the aggregate demand curve will shift to the right. D) the C + I + G + X line will shift down and the aggregate demand curve will shift to the left.
From the perspective of economic theory, prices are basically
A) constant. B) information signals C) rising. D) rates of exploitation.
The equilibrium interest rate is determined by the
a. quantity of capital on the market b. supply and demand for loanable funds c. marginal revenue product of capital d. marginal factor cost of capital e. willingness of suppliers of capital to convert that supply into loanable funds
Why is it important that the central bank be independent, or insulated from changes in political power?
What will be an ideal response?