Suppose new oil reserves are discovered that were not previously known. What happens to the user cost of oil?
A) Decreases
B) Increases
C) Remains the same
D) May increase or decrease, depending on the discount rate
A
Economics
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Currently, the FDIC insures deposits up to a limit of
A) $1000. B) $100,000. C) $250,000. D) $1,000,000.
Economics
If the amount of money demanded exceeds the amount supplied, the:
A. demand-for-money curve will shift to the left. B. money-supply curve will shift to the right. C. interest rate will rise. D. interest rate will fall.
Economics