All of the following will cause an outward shift of the investment function EXCEPT
A) innovation that improves production efficiency at every level of output.
B) a reduction in business taxes.
C) business people becoming optimistic about the future.
D) a decrease in the interest rate.
D
Economics
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If a tripling of price triples the quantity of a good supplied, the price elasticity of supply is
a. 3 b. 300 c. 1 d. -1 e. -3
Economics
Which of the following will increase aggregate demand in the United States?
a. A higher price level. b. An increase in the real interest rate. c. An increase in wealth due to a substantial appreciation in the value of stocks. d. A decrease in real income in Japan and Western Europe.
Economics