Multiple Choice
If long-term investments are increasing,
A) current consumption must be increasing.
B) interest rates must be relatively low.
C) interest rates must be relatively high.
D) the people must be experiencing a "defective telescopic faculty."
Correct Answer:
Verified
Correct Answer:
Verified
Q174: A potential cause of competitive market failure
Q175: Government gives subsidies to encourage production of
Q176: If a firm's production creates detrimental externalities,
Q177: An efficient allocation of resources requires that
Q178: A monopoly price reflects a good's marginal
Q180: What are private goods? Mention two important
Q181: The marginal cost of serving an additional
Q182: The principle of "comparable worth" asserts that
Q183: The former communist countries of eastern Europe
Q184: A 2 percent wage increase for teachers