chapter_9_long

E only a decrease in the real interest rate 35 36 the

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Unformatted text preview: investment for the firm is equal to A) MP K. B) 1. C) 1/MP K. 36) D) - 1. E) - MP K. 37) When drawn against the real interest rate, the optimal investment schedule shifts to the right if the A) future capital stock K increases. B) current capital stock K decreases. C) current capital stock K increases. D) future capital stock K increases. E) future total factor productivity increases. ESSAY. Write your answer in the space provided or on a separate sheet of paper. 38) What are three factors that determine current labour supply? 6 37) MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 39) When drawn against the real interest rate, the output supply curve is upward sloping because labour supply is A) decreasing the real interest rate and labour demand is independent of the real interest rate. B) increasing as the wage rate rises. C) increasing the real interest rate and labour demand is independent of the real interest rate. D) independent of the real interest rate and labour demand is decreasing the real i...
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This document was uploaded on 02/24/2014 for the course ECON 2152 at UWO.

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