The demand curve for investment as a function of the interest rate is
a. vertical
b. horizontal
c. upward sloping
d. downward sloping
e. the same as the demand curve for saving
D
Economics
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Opportunity costs exist for
a. households but not businesses or governments. b. businesses but not households or governments. c. businesses and households but not governments. d. households, businesses, and governments.
Economics
A country could correct a balance-of-payments surplus by
A. Expansionary fiscal policy. B. Contractionary monetary policy. C. Increasing tariffs on imported goods. D. Decreasing the money supply.
Economics