The higher the interest sensitivity of investment, the
a. less effective is monetary policy and the more effective is fiscal policy.
d. more effective are both monetary and fiscal policies.
c. less effective are both monetary and fiscal policies.
d. less effective is fiscal policy and the more effective is monetary policy.
D
Economics
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The date at which a recession starts is called the
A) trough. B) peak. C) depression. D) plateau.
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If an industry experiences economies of scale in production, then entry into the market by other firms is easy
a. True b. False Indicate whether the statement is true or false
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