According to the theory of liquidity preference, the interest rate adjusts to balance the supply of, and demand for, loanable funds
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar, then the franc depreciates from ________ U.S. dollars per franc to ________ U.S. dollars per franc
A) 0.80; 0.67 B) 0.67; 0.80 C) 0.50; 0.33 D) 0.33; 0.50
Suppose an increase in the price of hair dryers leads to an increase in total expenditures on the hair dryers. Which of the following is true for this price change?
a. Hair dryers are an inferior good. b. The demand for hair dryers is perfectly elastic. c. The demand for hair dryers is inelastic. d. The demand for hair dryers is elastic.
Which statement about entrepreneurship in America is true?
A. Alexander Graham Bell and Thomas Edison were two of the most famous American inventors who became entrepreneurs. B. Often the entrepreneur is an innovator. C. The vast majority of entrepreneurs in America either work for themselves or have just one or two employees. D. All of the statements are true.
The "pay or play" approach means that
A. If the government does not pay off the deficit, deficit reduction will become the top political-economic priority. B. If businesses do not pay for training, workers have no obligation to work for them. C. If employers do not provide training activities, they must pay the government to do so. D. Businesses must go along with the administration or pay the consequences.