If savers do not have fixed savings goals, the supply curve of loanable funds will generally be
a. horizontal.
b. downward sloping.
c. vertical.
d. upward sloping.
d
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Some observers opposing free trade argue that when we buy shoes from Brazil, U.S. workers lose their jobs. The fact of the matter is that
A) no U.S. worker has actually lost a job because of free trade. B) most jobs lost because of free trade pay less than the poverty level. C) free trade creates jobs in export industries. D) the jobs lost are really in Brazil.
What does it mean if an industry has external economies?
What will be an ideal response?
When the consumption of one good does not preclude another person from consuming the same good, then there is __________ in the consumption of the good
a. nonrivalry b. rivalry c. exclusivity d. nonexclusivity e. merit
Which of the following would make the equilibrium real interest rate decrease and the equilibrium quantity of loanable funds increase?
a. The demand for loanable funds shifts right. b. The demand for loanable funds shifts left c. The supply of loanable funds shifts right. d. The supply of loanable funds shifts left.