An increase in investment is most likely to be caused by ?
A. Lower interest rates
B. Lower national income
C. A decrease in the marginal propensity to consume
D. An increase in withdrawals
A. Lower interest rates
B. Lower national income
C. A decrease in the marginal propensity to consume
D. An increase in withdrawals
A. embargoes
B. voluntary export restraints
C. nontariff barriers
D. orderly marketing agreements
A. all participants get some satisfaction
B. scarce resources are put into goods that are in demand
C. economic output is distributed to those who can pay the price
D. all of the above
A. Australia
B. Argentina
C. China
D. Cuba
A. To protect infant industries
B. To increase the level of imports
C. To Protect strategic industries
D. To improve the balance of payments
I- improved packages of high-yielding seed varieties
II- fertilizers, pesticides and irrigation
III- improved transportation
IV better extension service
A. I and III only
B. II and III only
C. I, II and III only
D. I, II, III and IV
A. one cannot join an institution
B. only a few organizations last long enough to become institutions
C. institutions are organizations in which people no longer discuss the basis of the rules
D. all of the above