A. higher interest rates
B. lower expected future profits
C. more expensive capital goods
D. All of the above
A. China’s economic policies were directly influenced by the success of the Soviet economic System
B. The Tiananmen Square massacre resulted in Major economic reforms in China
C. The success of the Cultural Revolution resulted in the increased westernization of china
D. communist economic policies were not meeting the needs of the society
A. cash goods
B. consumer items
C. consumer goods
D. cash items
A. negative income elasticity income elasticity greater than 1
B. income elasticity greater than 1, negative income elasticities
C. Positive income elasticities, negative income elasticities
D. None of the above
A. The firm is making a loss and will shutdown in the short term
B. The firm is making a profile
C. The firm is making a loss but will continue to produce in the short term
D. The firm is making a loss and is making a negative contribution to fixed costs
A. the modern sector increases its output relative to the traditional sector
B. agricultural sector uses modern equipment
C. agricultural sector hires labor economically
D. modern manufacturing sector is labor intensive
A. marginal propensity to invest
B. disposable incomes
C. marginal propensity to consume
D. average propensity to consume