Which of the following factors is NOT part of the budget equation?
A) relative prices
B) real income
C) quantities of goods
D) preferences
D
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An increase in planned real investment spending causes
A) a shift of the C + I + G + X curve but has no effect on the aggregate demand curve. B) a movement along the C + I + G + X curve and a shift of the aggregate demand curve. C) a shift of the C + I + G + X curve that causes the aggregate demand curve to shift. D) a shift of the C + I + G + X curve and a movement along the aggregate demand curve.
A drop in the user cost of capital will lead to an equal ________ in the MPK of profit-maximizing firms, requiring a ________ v*, thus ________ gross investment
A) drop, higher, boosting B) drop, lower, dampening C) drop, lower, boosting D) rise, higher, dampening E) rise, lower, boosting