Positive relationships are also referred to as inverse relationships
Indicate whether the statement is true or false
FALSE
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Businesses may reduce their investment spending following expansionary fiscal policy because:
A. as the economy's growth rate increases, profits rise without the need for new investments. B. profits fall as expansionary fiscal policy slows the economy. C. increased government spending will drive up interest rates. D. the government will take advantage of all the good investment opportunities.
Moe's Sweaters is a firm in perfect competition. Moe's customers don't know who the firm's workers are
If Moe is the only employer in the market who discriminates against women by paying them less than he pays to equally qualified men, his firm will A) lower its labor cost and receive a greater economic economic profit than its competitors. B) receive a positive economic profit while its competitors will only receive a normal profit. C) not maximize its economic profit and will not survive. D) be able to lower its price and undercut the competitors.