Which one of the following will shift the investment curve in South Korea downward?

a. a series of major technological breakthroughs in South Korea
b. lower tax rates in South Korea
c. higher tax rates in South Korea
d. tighter lending laws in South Korea
e. a lower rate of capacity utilization in South Korea

E

Economics

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Economists are particularly adept at understanding that people respond to

a. laws. b. incentives. c. punishments more than rewards. d. rewards more than punishments.

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