Which of the following is not economic investment?
A. The purchase of a new drill press by the Ajax Manufacturing Company.
B. The purchase of 100 shares of AT&T by a retired business executive.
C. Construction of a suburban housing project.
D. The piling up of inventories on a grocer's shelf.
B. The purchase of 100 shares of AT&T by a retired business executive.
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Based on the information in the above table, the value of M1 is
A) $2,100. B) $1,700. C) $3,000. D) $3,100.
If the production of a sofa requires the purchase of 3 types of inputs and the production of a harp requires the purchase of 30 types of inputs,
a. the harp-producing firm will buy the sofa-producing firm b. the sofa-producing firm will buy the harp-producing firm c. harp production is more likely to be done by firms than sofa production is d. sofa production is more likely to be done by firms than harp production is e. both harp and sofa production will always be done by firms because there is more than one input involved in each
If a tariff is imposed on imported televisions, we expect domestic demand for televisions to:
A) fall, and the total supply to increase. B) rise, and the total supply to decrease. C) rise, and the total supply to rise. D) remain unchanged, and the total supply to decrease.
If income increases by 100 and the MPC is 3/4 (0.75), then consumption increases by
What will be an ideal response?