The slope of the supply of loanable funds is based on the logic that an increase in interest rates
a. makes saving more attractive.
b. makes saving less attractive.
c. makes investment more attractive.
d. makes investment less attractive.
a
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Investment, as defined by economists, would not include which of the following? Ford
A) buys a new robotic machine (from a plant in Ohio) to assemble cars. B) builds another assembly plant in the United States. C) buys U.S. government bonds. D) adds 1,000 new cars to inventories.
GDP measures underestimate the value of output produced by an economy because they include services not transferred through markets.
Answer the following statement true (T) or false (F)
The opportunity cost of going to college for a student receiving a scholarship
A) is the income that she would have earned if she did not go to college. B) is the risk of dropping out. C) is the food and living expenses that she has to purchase while in college. D) is zero because she does not have to pay tuition.
Why is antitrust legislation necessary?
A) Monopolies tend to misallocate resources. B) All monopolies are unlawful in the United States. C) Monopolies tend to allocate resources in a socially optimal manner. D) Monopolies will always make a profit in the long run.