Consider the two graphs above. Suppose producers forecast a decrease in sales. This would ________ the desired level of inventories, as depicted in graph ________
A) increase; B
B) increase; A
C) decrease; B
D) decrease; A
D
Economics
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Which of the following is not capital?
A) a computer in the office of an accountant B) a migrant worker in the fields of California C) a wrench in an auto-repair shop D) a new machine used for producing microchips
Economics
The value in one year of $25 invested today at an annual interest rate of 5 percent will be
A) $25.00. B) $26.25. C) $27.50. D) $30.00.
Economics