The real rate of interest measures the ________ of capital investment.
A. marginal benefit
B. value of the marginal product
C. relative price
D. opportunity cost
Answer: D
Economics
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The invisible hand is mostly guided by:
A) costs of production. B) quantity of goods and services sold. C) market prices. D) government intervention.
Economics
Which of these questions does aggregate demand help us answer?
I. What determines the total amount of our output that individuals, firms, governments and foreigners want to buy? II. What is the economy's long-run real Gross Domestic Product (GDP)? III. What determines the economy's equilibrium price level and the rate of inflation? A) I only B) I and II C) II and III D) I and III
Economics