Consider the two graphs above. Suppose there is an increase in the real interest rate. This would ________ the desired level of the capital stock, as depicted in graph ________

A) increase; B
B) increase; A
C) decrease; B
D) decrease; A

C

Economics

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A determinant of the price elasticity of demand is

A) whether the good is a durable or a nondurable. B) the availability of resources used in the production of the product. C) how well consumers like the good. D) the proportion of the consumer's total budget spent on the good.

Economics

If economies participate in the global trade of goods and services, they do not need to participate in international flows of financial payments and investments.

Select whether the statement is true or false. A. True B. False

Economics