Other things equal, the interest rate on a loan will be smaller:
A. The greater the risk involved
B. The smaller the amount of the loan
C. The longer the length of the loan
D. If the loan interest is exempt from taxation
D. If the loan interest is exempt from taxation
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The biggest flaw in the logic of the labor argument is the failure to consider
A) the needs of developing countries. B) the impact of tariffs on inflation. C) the differences in national productivity levels. D) the strategy of multinational businesses. E) the impact on employment levels.
In the long-run ISLM model and with everything else held constant, the long-run effect of an autonomous increase in investment is to ________ real output and ________ the interest rate
A) increase; increase B) increase; not change C) not change; increase D) not change; decrease
The amount of interest owed on a loan of $2,000 after a year at an interest rate of 10 percent is:
A. $2,100. B. $2,200. C. $200. D. $100.
Which of the following periods was not characterized by inflation in the U.S. economic history?
a. 1917–1920 b. 1929–1933 c. 1947 d. 1978–1980 e. 1980–1989