Author Question: The supply of real GDP is a function of A) the total expenditures of consumers, investors and ... (Read 64 times)

Yi-Chen · **on:** Jun 29, 2018

The supply of real GDP is a function of

A) the total expenditures of consumers, investors and government.
B) the sum of wages, salaries, corporate profits, rents and interest.
C) only the state of technology.
D) the quantities of labor, capital and the state of technology.

Question 2

Suppose a firm has an investment project which will cost 200,000 and result in 30,000 profit. The firm will not undertake the project if the interest rate is

A) greater than 15 percent.
B) greater than 10 percent.
C) greater than 5 percent.
D) positive.