Classical economists and monetarists believe that the investment curve is
a. vertical
b. steep to reflect the view that changes in investment are relatively insensitive to changes in the interest rate
c. steep to reflect the view that changes in investment are very sensitive to changes in the interest rate
d. unrelated to the interest rate
e. relatively flat to reflect the view that changes in investment are sensitive to changes in the interest rate
E
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If our economy is growing at a constant rate of 5 percent per year, then over a period of 10 years we would expect to see which of the following?
A) nice, steady flat-line growth B) an upward sloping growth path C) a downward sloping growth path D) It is impossible to say what kind of growth path we would see.
Today, unions play a larger role in Europe than they do in the U.S
a. True b. False Indicate whether the statement is true or false
The demand for money curve will shift to the left when
a) the interest rate increases b) the price level increases c) aggregate output decreases d) the price of bonds is expected to decrease e) all of the above will shift the money demand curve to the left
What are negative externalizes and positive externalizes? How do they affect supply and demand curves?
Please provide the best answer for the statement.