In order to increase the confidence of investors, the new President of Montesia provides lucrative tax incentives to its investors. This will result in a(n):
a. increase in the level of planned investment spending of firms
b. decrease in the level of investment spending that is financed through borrowed money.
c. decrease in the level of production of firms.
d. increase in the average price level of the economy.
a
Economics
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Comment on the following statement: "Average fixed cost falls as output rises, but average fixed cost will never be equal to zero."
What will be an ideal response?
Economics
If $.80 U.S. = $1.00 Canadian,
A. a U.S. nickel is worth four Canadian cents. B. a U.S. quarter is worth 40 Canadian cents. C. 40 Canadian cents are worth 50 U.S. cents. D. $.04 U.S. is worth 5 Canadian cents.
Economics