The reduction in transactions costs per dollar of investment as the size of transactions increases is
A) discounting.
B) economies of scale.
C) economies of trade.
D) diversification.
B
Economics
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Refer to Figure 13-1. Ceteris paribus, an increase in households' expectations of their future income would be represented by a movement from
A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.
Economics
Refer to Figure 10.8. Other things equal, an increase in the demand for money and the accompanying change in the real interest rate would best be represented by
A) a movement from point A to point C. B) a movement from point A to point D. C) a shift from LM1 to LM2. D) a shift from LM2 to LM1.
Economics