The interest rate falls if
a. either money demand or money supply shifts right.
b. money demand shifts right or money supply shifts left.
c. either money demand or money supply shifts left.
d. money demand shifts left or money supply shifts right.
d
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For those workers who receive fringe benefits, such as health insurance and pensions, the additional income this results in—over and above the average hourly wage—is as much as (for some workers)
A. 10–12 percent. B. 30–40 percent. C. 51–62 percent D. 70 percent or more.
Which of the following contributed to the sharp economic downturn during 2008?
a. rising housing and stock prices b. falling housing and stock prices c. rising housing prices but falling stock prices d. falling housing prices but rising stock prices
The costs of lead contamination have been estimated to be $1 billion for medical care of those sickened by lead, plumbing repairs, and reduced earnings of those affected by lead. This $1 billion can best be classified as:
A.) The benefits of government intervention. B.) The costs of government intervention. C.) Social costs of market failure. D.) Social costs of government failure
Which of the following is emphasized by supply-side economics?
A. the effect of budget deficits on interest rates and aggregate demand B. the effect of government spending on aggregate demand, output, and employment C. the effect of marginal tax rates on aggregate supply D. the effect of budget deficits on the rate of taxation in the future