In the accelerator theory the
A) smaller the desired capital-output ratio the larger will be net investment.
B) smaller the desired capital-output ratio the larger will be replacement investment.
C) larger the desired capital-output ratio the larger will be net investment.
D) larger the desired capital-output ratio the smaller will be replacement investment.
C
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Which type of unemployment is most closely connected with the saying "you can't teach an old dog new tricks"?
a. Cyclical. b. Frictional. c. Structural. d. Voluntary. e. Seasonal.
Other things equal, increased emphasis on providing the best possible medical care for all, regardless of income, will:
A. increase the demand for health care. B. increase the supply of health care. C. have no effect. D. decrease the demand for health care.