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Author Question: Identify the correct statement. a. Investment is positively related to the interest rate. b. ... (Read 55 times)

TVarnum

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Identify the correct statement.
 a. Investment is positively related to the interest rate.
  b. Investment spending in an economy is stimulated by new production technology.
  c. Investment is positively related to excess capacity.
  d. Investment spending is positively related to the cost of capital goods.
  e. Investment is negatively related to the rate of government spending.

Question 2

Microeconomics differs from macroeconomics in that:
 a. microeconomics studies individual decision making while macroeconomics examines aggregate decision making.
  b. microeconomics studies aggregate decision making while macroeconomics examines individual decision making.
  c. microeconomics utilizes positive economic analysis while macroeconomics utilizes normative economic analysis.
  d. microeconomics is concerned with consumer behavior while macroeconomics is concerned with firm behavior.



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harveenkau8139

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Answer to Question 1

b

Answer to Question 2

a




TVarnum

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Reply 2 on: Jun 30, 2018
Excellent


bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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