The variability of business profits:
A. Helps explain the instability of investments over time
B. Does not affect investment spending, which depends on expected profits not current profits
C. Explains why the durability of capital goods is variable
D. Causes the variations in consumption spending over time
A. Helps explain the instability of investments over time
Economics
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What is rent seeking and how is it related to regulatory capture?
What will be an ideal response?
Economics
Which of the following represents the appropriability of research?
A) the protection given to new products by the law B) how R&D spending translates into new ideas C) the extent to which firms benefit from the results of their own R&D spending D) the rate of technological progress E) both B and C
Economics