The profitability of an investment project will increase if

a. tax rates increase.
b. real interest rates increase.
c. real interest rates decrease.
d. business tax deductions decrease.

c

Economics

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If velocity is a constant, then the equation of exchange is an economic model

a. True b. False Indicate whether the statement is true or false

Economics

Rapid economic growth:

A. has happened in various places around the world since the 1300s. B. has occurred since 1500, but backsliding has prevented real growth. C. is a modern phenomenon, happening only this year. D. is a modern phenomenon, happening only in the last century or two.

Economics