Based on the Saving-Investment Diagram, if the domestic real interest rate is indicated by B, then ________.
A) the value of net exports is zero
B) the diagram represents a closed economy
C) the world real interest rate is indicated by A
D) the difference between values F and E measures the net capital inflow
E) none of the above
Question 2
Which of the following is the most likely explanation for the behavior of private inventories between September 2007 and September 2009, as depicted in Figure 19.1?
A) a substantial decline in the desired level of inventories, due to a slump in aggregate demand
B) a substantial decline in the desired level of inventories, as improvements in technology have reduced the size of inventories needed to support both production and customer deliveries
C) an unanticipated draw-down of inventories as the economy was growing much faster than expected
D) a substantial decline in the desired level of inventories, as changes in the tax code increased the cost of holding inventories
Female choice of males based on nuptial gifts.
Tree species richness in North America is correlated with evapotranspiration rate.
Skeleton Diagram
bacteria cell diagram
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som