The four categories of investment expenditures are
a. producer’s durable equipment and software, new nonresidential structures, changes in inventories, and residential structures.
b. producer’s durable equipment and software, new nonresidential structures, consumer’s durable equipment and structures, and residential structures.
c. producer’s durable equipment and software, new nonresidential structures, consumer’s durable equipment and structures, and residential structures.
d. consumer’s durable equipment and structures, new nonresidential structures, changes in inventories, and residential structures.
a. producer’s durable equipment and software, new nonresidential structures, changes in inventories, and residential structures.
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Assume a fixed demand for money curve and the Fed increases the money supply. The result is a temporary:
a. excess quantity of money demanded. b. excess quantity of money supplied. c. new equilibrium interest rate. d. decrease in the demand for loans.
Marginal costs will begin to rise at the point where
A) fixed costs increase. B) variable costs increase. C) average variable costs increase. D) diminishing marginal product begins.