"The weather induced failure of the 1999 grain crop leads Russia to quadruple grain imports from the United States." Assuming that the U.S.grain exports come from government warehouses,
A) net investment in the United States would increase dramatically according to the flexible accelerator theory.
B) net investment in the United States would decrease dramatically according to the flexible accelerator theory.
C) there would be no change in net investment since the Russian demand is temporary.
D) net investment would increase slowly since this is agriculture.
Correct Answer:
Verified
Q62: Monetarist economists might conclude that the accelerator
Q63: In going from the simple to the
Q64: A drop in the user cost of
Q65: An upturn in business confidence may cause
Q66: If a firm's MPK is below its
Q68: If investment in capital equipment requires two
Q69: "Our knowledge of the factors which govern
Q70: If the Fed _ the money supply,the
Q71: Tobin's q is
A)the ratio of a firm's
Q72: Keynes felt that the economic effects of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents