An increase in the rate of interest, other things being equal, will cause a(n):
a. downward shift in the investment demand curve.
b. movement downward along the investment demand curve.
c. movement upward along the investment demand curve.
d. upward shift in the investment demand curve.
c
Economics
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The more closely substitutable are two goods, the
A) more normal looking is the indifference curve for the two items. B) more closely the indifference curve for these two items approximates a straight line. C) more tightly curved is the indifference curve for these items. D) None of the above answers is correct.
Economics
International factor flows tend to lower incomes of those factors in host countries that most directly substitute for that factor, and to raise the incomes of other factors
Indicate whether the statement is true or false
Economics