All else equal, an increase in government borrowing is likely to cause a(n):
A) leftward shift of the credit demand curve.
B) rightward shift of the credit demand curve.
C) downward movement along the credit demand curve.
D) upward movement along the credit demand curve.
B
You might also like to view...
The figure below shows the market for shoes in a small importing country. Dd and Sd are the domestic demand and supply curves of shoes, respectively.
The tariff revenue of the country's government is shown by area
A. (a + b). B. (b + c + d). C. (a + b + c + d). D. c.
Individual transferable quotas are limited in their effectiveness because:
A. they are only enforceable within 200 miles of a nation's shores. B. government, rather than the market, sets their price. C. they encourage wasteful spending by fishers in ITQ areas. D. they are not tradable.
A shortage will occur when
A) the price equals the market clearing level. B) the price is above the market clearing level. C) there is an excess quantity supplied. D) the price is below the market clearing level.
In the derivation of TFC, you find
A. the minimum-slope ray out of the origin to the TVC. B. the vertical intercept of the TC and draw a horizontal line. C. the minimum-slope ray out of the origin to the TC. D. the minimum-slope ray out of the origin to the ATC.