In the loanable funds market, if the government is running a deficit
a. it is a supplier of funds as it is taking in more than it is spending
b. it is a demander of funds as it is taking in more than it is spending
c. it is a supplier of funds as it is spending more than it is taking in
d. it is neither be a supplier or demander
e. it is a demander of funds as it is spending more than it is taking in.
E
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The development of human capital
A) is a form of investment. B) enhances economic growth, but the individuals acquiring the capital are not made better off themselves. C) does not appear to enhance economic growth. D) enhances economic growth, but it does not improve the productivity of the labor force.
A situation where a union bargains with a monopsony employer is termed a
A) bilateral monopsony. B) bilateral monopoly. C) bilateral agreement. D) unilateral agreement.
The government makes all economic decisions in a mixed economy
Indicate whether the statement is true or false
Most games in real life:
A. require intuition, common sense, and calculations. B. require a rollback strategy. C. have a best solution. D. require a mixed strategy.