If people have a sudden increase in confidence in the open economy of the U.S. and want to invest there, the interest rate:
A. increases, as NCO increases.
B. falls, as NCO falls.
C. falls, as NCO increases.
D. increases, as NCO decreases.
B. falls, as NCO falls.
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Goods and services that are consumed by the ultimate user are called ________ goods and services.
A. nominal B. final C. value added D. intermediate
Explain the differences between a market system, a command economy, and a mixed economy with respect to production and distribution decisions
What will be an ideal response?
Based on the graph for saving incentives, a tax law change encouraging saving would shift the ______.
a. loanable funds supply curve to the left
b. loanable funds supply curve to the right
c. loanable funds demand curve to the left
d. loanable funds demand curve to the right
Refer to the data above. The marginal propensity to save in this economy is:
The disposable income (DI) and consumption (C) schedules are for a private, closed
economy. All figures are in billions of dollars.
A. .1
B. .72
C. .8
D. .9