A country has output of $600 billion, consumption of $350 billion, government expenditures of $90 billion and investment of $60 billion. What is its supply of loanable funds?
a. $160 billion
b. $150 billion
c. $60 billion
d. $30 billion
a
You might also like to view...
During the mid-2000s, the average price of a used car fell by nearly $500 and the quantity sold nation-wide decreased by several thousand each year. This set of results is a contradiction of the law of demand
Indicate whether the statement is true or false
Going from M0 to M1 and to M2, what is the principle?
A) from household money demand to firm money demand B) from illiquid to liquid C) from most usable to least usable for transaction purposes D) from most usable to least usable as a store of value
If Target were to merge with Wal-Mart, this would be referred to as a(n)
A) horizontal merger. B) vertical merger. C) conglomerate merger. D) anti-competitive merger.
Refer to the information provided in Figure 6.1 below to answer the question(s) that follow.
Figure 6.1Refer to Figure 6.1. Assume Tom is on budget constraint AC and the price of a hamburger is $4.00. Tom's monthly income is
A. $20. B. $60. C. $80. D. $100.