Which of the following is an example of crowding out?
a. An increase in government spending increases interest rates, causing investment to fall.
b. A decrease in private savings increases interest rates, causing investment to fall.
c. A decrease in the money supply increases interest rates, causing investment to fall.
d. An increase in taxes increases interest rates, causing investment to fall.
a
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Per-unit taxes have which effect on the equilibrium price of a good?
a. They cause demand curves to shift downward, thus lowering price. b. They cause demand curves to shift downward, thus raising price. c. They cause supply curves to shift downward, thus lowering price. d. They cause supply curves to shift upward, thus lowering price. e. They cause supply curves to shift upward, thus raising price.
Some companies are having their technical support calls answered by people located in India. This is an example of
A) a factor that shifts the supply of labor curve in the U.S. B) insourcing. C) outsourcing. D) a change in the demand for the final product that labor produces.