Investment includes spending on
A) capital goods, buildings, and changes in business savings.
B) capital goods, buildings, and changes in business inventories.
C) capital goods, buildings, and consumer durable goods.
D) capital goods, consumer durable goods, and changes in business inventories.
B
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For a monopolist, marginal revenue is
a. equal to price b. greater than price c. less than price d. represented by a horizontal curve e. equal to average revenue
You put money into an account. One year later you see that you have 5 percent more dollars and that your money will buy 6 percent more goods
a. The nominal interest rate was 11 percent and the inflation rate was 5 percent. b. The nominal interest rate was 6 percent and the inflation rate was 5 percent. c. The nominal interest rate was 5 percent and the inflation rate was -1 percent. d. None of the above is correct.