If businesses forecast significant economic growth in the future, the demand for loanable funds will increase, shifting the demand curve for loanable funds to the right
a. True
b. False
Indicate whether the statement is true or false
True
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In the above figure, 300,000 purses per month is
A) the efficient amount to produce because at 300,000 purses marginal social benefit equals marginal social cost. B) the efficient amount to produce because at 300,000 purses marginal social benefit is greater than marginal social cost. C) an inefficient amount to produce because at 300,000 purses marginal social benefit equals marginal social cost. D) an inefficient amount to produce because producing 500,000 purses sets the marginal social benefit equal to zero.
Approaches to measuring GDP include all of the following except the
A) cost approach. B) product approach. C) income approach. D) expenditure approach.
Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to rise. d. Monetary base to remain the same.
If the price of portable power banks increases, then there will be ________ of portable power banks
A) a decrease in the supply B) an increase in the supply C) an increase in the quantity supplied D) a decrease in the quantity supplied