Holding other factors constant, if a change in tax laws discourages people from saving more for retirement, then the real interest rate will ________ and the equilibrium quantity of saving and investment will ________.

The great failure of activist fiscal policy in the 1960s was its

A) timidity in the face of persistent stagnation. B) over-reliance on tax cuts to the exclusion of government spending programs. C) delay in reversing course as the economy became overstimulated. D) limited role as an accommodator of an activist monetary policy.

Dremel Tools Dremel sells a high speed rotary tool appropriate for many workshop projects. They have developed hundreds of accessories and bits for their tools for many different applications. Why is the markup on the accessories higher than the markup on the rotary tools?