The lower the interest rates
a. the more value individuals place on future dollars
b. the less value individuals place on future dollars
c. less investments will take place
d. does not affect the investment strategy
a
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Refer to Figure 9.2. A movement from point b to point a could be caused by a(n)
A) increase in government spending. B) decrease in the price of oil. C) increase in taxes. D) a massive crop failure.
Human capital refers to:
A. the skills and knowledge that enable a worker to be productive. B. the accumulated financial wealth of households. C. physical capital owned by households rather than businesses. D. machinery used by labor in production.
A firm in a competitive input market can
A. hire additional workers only after a long search process. B. hire workers at the going wage. C. hire additional workers only by raising wages. D. hire additional workers at lower wages because those who are still unemployed are anxious to work.
What is the relationship between he federal funds rate falling and the the money supply increasing
What will be an ideal response?