In the late 1990s, the U.S. federal government had a budget surplus. If there is no Ricardo-Barro effect, these surpluses ________ the supply of loanable funds and ________ the real interest rate
A) increased; lowered
B) decreased; lowered
C) increased; raised
D) decreased; raised
E) did not change; did not change
A
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In the above figure, if the firm is in monopolistic competition, it will produce
A) 40 units. B) 60 units. C) between 61 and 99 units. D) 100 units.
How could a manager use the information contained in this regression equation?
What will be an ideal response?
Refer to the above table. The balance of trade is
A) $1000. B) -$665. C) +$335. D) -$155.
A key determinant of the price elasticity of supply is the
a. number of close substitutes for the good in question. b. extent to which buyers alter their quantities demanded in response to changes in prices. c. length of the time period. d. extent to which buyers alter their quantities demanded in response to changes in their incomes.