An easier monetary policy ________ the user cost of capital, which ________ net investment
A) raises, raises
B) raises, lowers
C) lowers, raises
D) lowers, lowers
C
Economics
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If the market clearing price of computer tablets rises from $400 to $600, and the market clearing output increases from 5 million to 7 million units,
A) demand decreased and supply remained unchanged. B) supply increased and demand remained unchanged. C) demand increased and supply remained unchanged. D) supply decreased and demand remained unchanged.
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What are intermediate goods? Why do economists exclude the value of intermediate goods while calculating national income?
Economics