Which of the following would cause a movement along the investment function?
A. optimistic expectations about business conditions
B. technological progress
C. an increase in the rate of interest
D. a decrease in business taxes
Answer: C
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Which age group experiences the highest rates of unemployment in the United States?
A. 35 to 44 years old. B. 45 to 54 years old. C. 16 to 24 years old. D. 25 to 34 years old. E. 55 to 64 years old.
The forces of supply and demand will provide a quantity that is:
A. less than the efficient quantity if a good generates external benefits. B. more than the efficient quantity if a good generates external benefits. C. exactly the efficient quantity if a good generates external benefits. D. either more than or less than the efficient quantity if a good generates external benefits. It is impossible to know whether it will be too much or too little without more information.