A) Increasing levels of investment
B) An adequate propensity to save
C) Relatively high levels of training among the labor force
D) New technologies
A) Increasing levels of investment
B) An adequate propensity to save
C) Relatively high levels of training among the labor force
D) New technologies
A) Thrift increases individual indebtedness
B) As the saving function shifts to the right, people save more and consume less
C) As income increases. upward movement occurs along the savings function
D) At higher rates of interest, people tend to save larger amounts of money
A) The medium income in the US has consistently risen over time
B) Per capita income is increasing in the southeast
C) The degree of income equality (or inequality) within an economy at any point in time
D) The unemployment level does not affect all ethnic groups equally
A) These controls create Jobs for government workers
B) Such controls most properly allocate resources
C) Wage price control provides a permanent cure for inflation
D) Wage price controls increase productivity
A) The marginal efficiency of capital is less than the rate of interest
B) The price of Govt. bonds is relatively high
C) There is an excess supply of money
D) Short-term demand curves for capital equipment shift to the right
A) There are cases of entry and exist
B) There are many buyers and sellers
C) The Marginal Revenue curve is horizontal
A) An expansion of the money supply by the treasury
B) The purchase of bonds by the Federal Reserve Bank
C) A downward shift in the speculative demand for money
D) A change in the tale of interest
A) As the money supply increases, prices go up. if the economy is at full employment
B) An increase in saving is generally followed by an increase in the tale of interest
C) An increase in investment causes a decrease in income and employment
D) An increase in the general level of employment occurs with increased investment
A) Money balances held for purposes of near-future purchases
B) Money set aside to meet unexpected events
C) Money set aside to invest in the future
D) Money allocated for monthly expenses
A) There is only one interest rate and income level at which the product market can be in equilibrium
B) Stock market prices are generally high when interest rates are low
C) Investment and savings decisions very inversely with income
D) Money market equilibrium can occur at any level of interest and income