A reduction in the capital gains tax, often advocated by proponents of supply-side economics, is supposed to stimulate increased
a. consumer spending.
b. net exports.
c. investment spending.
d. government spending.
c
Economics
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If an average cost pricing rule is imposed on the firm in the figure above, the price will be
A) $5 per unit. B) $25 per unit. C) $15 per unit. D) $20 per unit.
Economics
The money supply is 4,000 . nominal GDP is 8,000 . and real GDP is 2,000 . Which of the following is 2?
a. the price level and velocity. b. the price level but not velocity. c. velocity but not the price level. d. neither the price level nor velocity.
Economics