The theory of investment that emphasizes the role of expected growth in real GDP on investment spending is known as
A) the theory of animal spirits. B) the accelerator theory.
C) real business cycle theory. D) the multiplier theory.
B
Economics
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In this economic system, private citizens own all of the factors of production to make products and create profits.
A. socialist economy B. Capitalist economy C. Command economy D. Mixed socialist economy
Economics
Using the above figure, during which of the following periods does the price of crude oil have a downward trend?
A) May to July B) May to November C) July to October D) October to December
Economics