The Q-theory of investment
A) suggests that a downturn in real GDP will lead to a sharp fall in investment, which leads to further reductions in GDP through the multiplier.
B) emphasizes the role of real interest rates and taxes.
C) emphasizes that current investment spending depends positively on the expected future growth of GDP.
D) links investment spending to stock prices.
D
Economics
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Using the data in the table above, the equilibrium quantity and equilibrium price for a cellular telephone are
A) 50,000 and $100. B) 80,000 and $80. C) 60,000 and $50. D) 100,000 and $20. E) 40,000 and $20.
Economics
In the contemporary United States, labor productivity has been growing at approximately
A. 1.5 percent per year B. 2.0 percent per year. C. 2.6 percent per year. D. 3.9 percent per year.
Economics