Which of the following monetary policies would be appropriate to close a recessionary gap?
a. A tax cut
b. A decrease in government purchases
c. An increase in reserve requirements
d. The Fed's purchase of U.S. government securities
e. The Fed's raising the discount rate
d
Economics
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Suppose a new cost-saving device will forever generate $1,000 net savings per year to a firm. The device costs $10,000. Using the Internal Rate of Return approach, the firm will make the investment
A) definitely. B) definitely not. C) if the interest rate exceeds 10%. D) if the interest rate is less than 10%.
Economics
The proliferation of new products that we are used to today has been occurring since the advent of the Industrial Revolution
a. True b. False Indicate whether the statement is true or false
Economics