When quantity supplied is greater than quantity demanded, the price will _____.
Fill in the blank(s) with the appropriate word(s).
fall
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U.S. investment is financed from
A) private saving, government budget surpluses, and borrowing from the rest of the world. B) private saving, government budget deficits, and borrowing from the rest of the world. C) private borrowing, government budget deficits, and lending to the rest of the world. D) private saving and borrowing from the rest of the world only.
The income distribution in the United States is
A) positively skewed. B) negatively skewed. C) bell-shaped D) uniform.
Which formula below best expresses the real interest rate, (r)?
A. i = r - ?e B. r = i - ?e C. r = i + ?e D. ?e = i + r
In economics, tangible merchandise is referred to as
A) invention. B) human capital. C) services. D) goods.