When the interest rate is ________, ________ investments in physical capital will earn more than the cost of borrowed funds, so planned investment spending is ________

A) high; few; high
B) high; few; low
C) low; few; high
D) low; many; low
E) high; many; high

B

Economics

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If the growth rate for GDP was 9 percent and GDP in year 1 was 100, then GDP in year 2 would be

A) 90. B) 109. C) 190. D) 199.

Economics

What is the difference between capital-using and capital-saving technological advances? Give examples.

What will be an ideal response?

Economics