Greater consumer confidence, wealth, available consumer credit, and disposable income ________ personal consumption expenditures
A) increase
B) decrease
C) have no effect on
D) none of the above
A
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Which of the following will increase the real interest rate?
A) an increase in the supply of loanable funds B) an increase in household saving C) an increase in the demand for loanable funds D) an increase in the budget surplus
Raising household savings could be beneficial because ________
A) it translates into higher investment B) severe economic downturns can be "better-weathered" C) it provides a cushion to avoid bankruptcies D) all of the above E) none of the above
According to the book, which air bag adds the most safety to passengers?
A) The second. B) The fourth. C) The third. D) The first.
The long-run aggregate supply curve is the relationship between the price level and the quantity of real GDP that is supplied once input prices have had time to fully adjust to that price level
a. True b. False Indicate whether the statement is true or false