If the usury law set the interest rate ceiling at 21%, how much of a shortage of loanable funds would there be?
$150 billion
Economics
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In 1973, mainstream sources predicted that the world would run out of oil in
A) 20 years. B) 40 years. C) 100 years. D) Mainstream sources in 1973 predicted the world would never run out of oil.
Economics
A stock's price will fall if there is
A) a decrease in perceived risk. B) an increase in the required rate of return. C) an increase in the future sales price. D) current dividends are high.
Economics
Which of the following is the most sensitive to interest rate changes?
a. The demand for non-durable goods. b. The demand for inexpensive goods. c. The demand for durable goods. d. The demand for necessities. e. The demand for services.
Economics
Describe the economic reasons why businesses use offshoring.
What will be an ideal response?
Economics