Classical economists and monetarists believe that the investment curve is
a. vertical
b. steep to reflect the view that changes in investment are relatively insensitive to changes in the interest rate
c. steep to reflect the view that changes in investment are very sensitive to changes in the interest rate
d. unrelated to the interest rate
e. relatively flat to reflect the view that changes in investment are sensitive to changes in the interest rate
E
Economics
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Refer to Table 2.3. What can be observed about the given resources?
A) Capital is fixed. B) Capital is variable. C) Capital and labor are both fixed. D) Labor is fixed.
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What are the conditions that characterize the sellers' side in a perfectly competitive market?
What will be an ideal response?
Economics