Which of the following will shift the demand curve for capital leftward?
a. Introduction of supercomputers in the resource market
b. A fall in the market interest rates
c. An increase in the price of capital
d. Business expectations of increased regulations
e. A rise in the equilibrium wage of labor
d
You might also like to view...
Suppose the US demand curve for gasoline shifts rightward, and the U.S. supply curve for gasoline remains unchanged. As a result, the price of gasoline increases by 9 percent, and the equilibrium quantity increases by 3 percent
Which of the following statements is true based on this information? A) The price elasticity of supply for gasoline is roughly 0.33. B) The price elasticity of supply for gasoline is roughly 3. C) The price elasticity of demand for gasoline is roughly 0.33. D) The price elasticity of demand for gasoline is roughly -3.
The required reserve ratio is:
a. the minimum amount of reserves the Fed requires a bank to hold. b. the interest rate that the Fed charges banks who borrow from it. c. the interest rate on loans made by banks to other banks. d. the maximum percentage of the cost of a stock that can be borrowed from a bank, with the stock offered as collateral. e. an appeal by the Fed to banks, asking for voluntary compliance with the Fed's wishes.