Lower interest rates on business loans usually result in a(n):
a. decrease in aggregate demand.
b. decrease in aggregate supply.
c. decrease in investment spending.
d. increase in government spending.
e. increase in aggregate expenditures.
e
Economics
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Which one of the following variables is most likely to increase as production effort is increased?
a. Net revenue b. Marginal costs c. Marginal revenue d. Total costs e. Average revenue
Economics
The hypothesis that changes in the money supply lead to proportional changes in the price level is called
A) the equation of exchange. B) the Keynesian multiplier. C) the theory of empirical relativity. D) the quantity theory of money and prices.
Economics