When the U.S. government runs a deficit, the savings in the market for loanable funds shifts:

A. left, increasing interest rates and decreasing domestic investment and NCO.
B. left, decreasing interest rates and increasing domestic investment and NCO.
C. right, decreasing interest rates and increasing domestic investment and NCO.
D. right, increasing interest rates, and increasing domestic investment and NCO.


A. left, increasing interest rates and decreasing domestic investment and NCO.

Economics

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The poverty rate is defined as the percentage of the

A) population that is exempt from paying federal income taxes. B) population who qualify to receive welfare payments and food stamps. C) labor force that is poor according to the federal government's definition of poverty. D) population that is poor according to the federal government's definition of poverty.

Economics

In recent years, the number of farms has fallen while the average farm size has increased. What concept may explain this phenomenon?

a. diminishing marginal returns b. declining productivity c. diseconomies of scale d. economies of scale e. good weather in midwestern states

Economics

A country's trade balance will fall if

a. either investment or saving rise. b. either investment falls or saving rises. c. either saving falls or investment rises. d. either investment or saving fall.

Economics