Which statement is false?
A. saving plus consumption = disposable income.
B. when C = disposable income, saving = zero.
C. when consumption is larger than disposable income, saving is negative.
D. Each statement is true.
D. Each statement is true.
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Can a perfectly competitive firm make an economic profit in the short run? Can it incur an economic loss?
What will be an ideal response?
In the open-economy macroeconomic model, if the U.S. interest rate rises, then U.S
a. net capital outflow rises, so the supply of dollars in the market for foreign exchange shifts right. b. net capital outflow rises, so the demand for dollars in the market for foreign exchange shifts right. c. net capital outflow falls, so the supply of dollars in the market for foreign exchange shifts left. d. net capital outflow falls, so the demand for dollars in the market for foreign exchange shifts left.
Common property is
A. a resource that everyone is free to use as much as they want. B. generic property as opposed to specific property. C. property owned by a group such as a club or a church. D. property that belongs to both spouses in a marriage.
Refer to the below table and information. At an interest rate of 4 percent, there will be:
The schedule shows various interest rates, the associated quantity demanded of loanable funds, and the quantity supplied of loanable funds in billions of dollars at those interest rates.
A. An excess supply of loanable funds of 140 billion
B. An excess supply of loanable funds of 360 billion
C. An excess demand for loanable funds of 140 billion
D. An excess demand for loanable funds of 500 billion