Which of the following is the most likely response to an increase in the U.S. real interest rate?
a. a London bank purchases a U.S. bond instead of a Japanese bond it had considered purchasing
b. U.S. firms decide to buy more capital goods
c. a U.S. citizen decides to put less money in his savings account than he had planned.
d. All of the above are consistent.
a
Economics
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GDP in a country grew from $10 billion to $14 billion over the span of 5 years. The average annual growth rate of GDP was
A) 4%. B) 7%. C) 10%. D) 40%.
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The breakeven price of a perfectly competitive firm is obtained at the point of intersection between the marginal revenue and marginal cost curves
Indicate whether the statement is true or false
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