If people have a sudden increase in confidence in the open economy of the U.S. and want to invest there, the:
A. supply of loanable funds curve would shift left.
B. demand for loanable funds curve would shift left.
C. supply of loanable funds curve would shift right.
D. demand for loanable funds curve would shift right.
Answer: B
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A price tag of $400 for a tablet device is an example of money as
A) a store of value. B) a time deposit. C) a unit of accounting. D) a medium of exchange.
The S&L Crisis can be analyzed as a principal-agent problem. The agents in this case, the ________, did not have the same incentive to minimize cost to the economy as the principals, the ________
A) politicians/regulators; taxpayers B) taxpayers; politician/regulators C) taxpayers; bank managers D) bank managers; politicians/regulators
Engaging in international trade has all of the following effects except:
A. altering prices in different countries. B. influencing labor markets in different countries. C. increasing number of goods and services we can consumer in different countries. D. it makes use of resources less efficient.
The natural rate of unemployment is the same as the socially optimal rate of unemployment
a. True b. False Indicate whether the statement is true or false