The supply and demand for saving are brought into equilibrium by adjustments of the ________ rate.
A. dividend
B. real interest
C. nominal interest
D. discount
Answer: B
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Labor unions ________ increases in the minimum wage because an increase in the minimum wage ________ the demand for union labor
A) support; increases B) support; decreases C) oppose; increases D) oppose; decreases E) support; has no effect on
The following equations represent the demand and supply for kumquats
QD = 60 - 3P QS = -20 + 5P What is the equilibrium price (P) and quantity (Q - in thousands) of kumquats? A) P = $20; Q = 10 thousand B) P = $5; Q = 20 thousand C) P = $30; Q = 5 thousand D) P = $10; Q = 30 thousand
Use the above table. The autonomous consumption in this table is
A. $140. B. $20. C. $50. D. $0.
How did the original focus of the IMF differ from that of the World Bank?
A. The IMF dealt in North and South America only, and the World Bank dealt with the rest of the world. B. The IMF gave grants to developing countries and the World Bank made loans. C. The IMF assisted wealthy nations and the World Bank assisted developing nations. D. The IMF provided short-term loans and the World Bank provided long-term loans.