In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve
Given these curves, there is a government budget ________ and therefore the real interest rate is ________ than it would be otherwise.
A) deficit; lower
B) surplus; lower
C) deficit; higher
D) surplus; higher
E) deficit; not different
B
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Intellectual property
A) is protected by common law rather than by written laws. B) is protected by people's sense of decency rather than by written laws. C) belongs to everyone with the necessary human capital to use it. D) is often protected by copyrights and patents.
In the United States, antitrust enforcement focuses on
A) the profitability of the leading firms in an industry. B) the degree of market concentration within a market. C) the average level of prices charged by firms. D) the price-cost margin of an industry.
Currencies depreciate and appreciate all the time. Who gains and who loses when the Mexican peso depreciates?
a. Americans holding Mexican pesos gain, U.S. tourists to Mexico lose b. U.S. exporters to Mexico gain, Americans holding pesos lose c. Mexican tourists gain, U.S. tourists in Mexico lose d. Mexican importers gain, Mexican exporters lose e. Mexican exporters gain, Mexican importers lose
Are checking accounts money?
A. No, because checking accounts cannot be traded for goods and services. B. Yes, because checking accounts can be used to buy goods and services. C. No, because checking accounts are not physical money. D. Yes, because the value of a checking account is measured in dollars.