Refer to Figure 21-1. Which of the following is consistent with the graph depicted above?
A) Households become spendthrifts and begin to save less.
B) An expected recession decreases the profitability of new investment.
C) The government runs a budget surplus.
D) Technological change increases the profitability of new investment.
Figure 21-2
D
Economics
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Which of the following is not a major institutional investor in the stock market?
A) Mutual funds B) Pension funds C) Insurance companies D) Commercial banks
Economics
The two economists associated with the development of the theory of monopolistic competition were
A) Joan Robinson and Edward Chamberlin. B) David Hume and Adam Smith. C) John Neville Keynes and John Maynard Keynes. D) Carl Menger and Eugen Von Bohm-Bawerk.
Economics