Higher rates of investment spending contribute most to higher levels of
a. political progress.
b. consumption spending.
c. technological progress.
d. government development.
c
You might also like to view...
The demand for money increases and the demand curve for money shifts rightward as a result of
A) an increase in real GDP. B) a decrease in the price level. C) a decrease in the nominal interest rate. D) an increase in the use of credit cards. E) a decrease in the real interest rate.
The credibility theory of EMS had as an effect
A) the inflation rates of member countries converging to the low German levels, a result that was not matched by similar countries who did not fix their exchange rates. B) the inflation rates of member countries failing to converge to the low German levels. C) the inflation rates of member countries converging to the low German levels, but other countries including U.S. and Britain also reduced inflation in this time period without fixing exchange rates. D) the inflation rate in Germany rose to match the inflation rates of other member countries. E) the inflation rate in the U.S. dropped to the low German levels.
The opportunity cost of a new national park is the:
A. cost of hiring staff and park rangers to provide services for visitors. B. alternative uses for the land and funding for the park. C. increased pollution to the wildlife habitat at the park. D. cost of constructing park buildings and highways to get to it.
Which of the following is a short-run adjustment?
A. A local bakery hires two additional bakers. B. Six new firms enter the plastics industry. C. The number of farms in the United States declines by 5 percent. D. BMW constructs a new assembly plant in South Carolina.