Solved

When the Labour and Capital Markets Clear

Question 16

Multiple Choice

When the labour and capital markets clear:

A) depreciation is zero.
B) real profit is zero.
C) a dollar today is worth more than a dollar in the future.
D) all of the above.

Related Questions

Q11: If a person wins €500 in a

Q12: An intertemporal substitution effect is caused by

Q13: Show the relationship between the household budget

Q14: The aggregate household budget constraint is consumption

Q15: An increase in the interest rate:<br>A)makes future

Q17: If the household budget constraint is aggregated

Q18: In the one period budget constraint the

Q19: An increase in the interest rate:<br>A)makes future

Q20: Real saving in year one is:<br>A)real bonds

Q21: What is an intertemporal substitution effect and