The table gives investment-demand in an economy. If the interest rate is 15 percent,
A) $400 billion of investment will be undertaken.
B) $460 billion of investment will be undertaken.
C) $530 billion of investment will be undertaken.
D) $600 billion of investment will be undertaken.
Correct Answer:
Verified
Q231: Profit-maximizing businesses will buy more new machinery
Q232: Effective usury laws
A)subsidize lenders.
B)penalize those who borrow
Q233: Q234: Government monetary authorities manipulate the supply of Q235: In year 1 the price level is Q237: Effective usury laws cause Q238: If you pay $1,980 annually on an Q239: Suppose that in some year nominal interest Q240: A major purpose of usury laws is Q241: Economists claim that a farmer who owns
A)a surplus in the
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