If long-term investments are increasing,
a. current consumption must be increasing.
b. interest rates must be relatively low.
c. interest rates must be relatively high.
d. the people must be experiencing a "defective telescopic faculty."
b
Economics
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Which of the following is likely to happen if the government lowers its expenditure?
A) Unemployment will increase. B) Consumption will increase. C) Price level will rise. D) Investment will increase.
Economics
Refer to Figure 17-1. Suppose that the economy is currently at point A. If the Federal Reserve engaged in contractionary monetary policy, where would the economy end up in the short run?
A) It would remain at point A. B) point B C) point C D) point D E) point E
Economics