Multiple Choice
The response of output following a natural disaster includes
A) an increase in output demand and an increase in output supply.
B) an increase in output demand and a decrease in output supply.
C) a decrease in output demand and an increase in output supply.
D) a decrease in output demand and a decrease in output supply.
E) only a decrease in output demand.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: When drawn against current income,the slope of
Q3: An increase in total factor productivity causes<br>A)
Q4: The demand for current consumption,as plotted against
Q5: The marginal cost of investment for the
Q6: The marginal benefit from investment comes from<br>A)
Q7: The marginal benefit from investment for a
Q8: Optimal investment is<br>A) negatively related with the
Q9: The partial expenditure multiplier<br>A) is the total
Q10: The marginal benefit from investment is<br>A) the
Q11: An asymmetric information problem arises when<br>A) interest