An improvement in business expectations will:
A) Lead to a movement along the MEC.
B) Increase interest rates.
C) Increase exports.
D) Shift the MEC outwards.
Correct Answer:
Verified
Q1: In economics "investment" refers to:
A) Savings by
Q2: What does MEC stand for in relation
Q3: Firms will invest up to the point
Q4: The accelerator shows the relationship between:
A) Gross
Q6: The increase in national income relative to
Q7: If a consumer spends £80 out of
Q8: Investment is a withdrawal from the circular
Q9: According to the accelerator an increase in
Q10: To find net investment from gross investment
Q11: Which of the following is an example
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