The crowding-out effect occurs because an increase in government spending _____ interest rates, causing _____ to fall
Fill in the blank(s) with correct word
increases, investment
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A decline in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate
A) rise; rise B) rise; fall C) fall; rise D) fall; fall
President Nixon imposed wage and price controls in the early 1970s to curb inflation. Critics argued that the Nixon-imposed controls
a. did not alter the behavior of workers or businesses and therefore could have no long-run effect on curbing inflation b. worked not only to reduce future expectations of inflation but also economic growth c. while significantly changing long-run inflation rates, led to unacceptable rates of deflation d. was accompanied by large government expenditures e. helped to further heighten market pressures that already existed
Marginal Revenue Product with three units of labor would be
A. $960.
B. $540.
C. $420.
D. $340.
Explain how a market for human organs would affect the supply curve and equilibrium price and quantity
Please provide the best answer for the statement.