The supply of loanable funds curve shifts leftward if the real interest rate rises
Indicate whether the statement is true or false
FALSE
You might also like to view...
A model comparing savings and foreign exchange constraints to see which is binding for economic growth is known as a
(a) project appraisal. (b) two gap model. (c) computable general equilibrium. (d) trickle down model. (e) none of the above.
The supply schedule assumes that factors other than:
A. price remain the same. B. price must change. C. supply remain the same. D. supply must change.
If Kami can produce 40 portable power banks or 30 cellphones during a month's time, while Sally can produce 10 portable power banks or 20 cellphones, then it is correct to state that
A) Kami has a comparative advantage in producing portable power banks. B) Kami has a comparative advantage in producing both portable power banks and cellphones. C) Sally has a comparative advantage in producing both portable power banks and cellphones. D) Sally has an absolute advantage in portable power banks.
What is the relationship between price elasticity of demand and total revenue?
What will be an ideal response?