The debt participants, the lenders, hold claims to the _____________ on borrowed funds that are secured by individuals, businesses and property.
Fill in the blank(s) with the appropriate word(s).
Ans: interest
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The figure below shows the market for computers in a small importing country. Dd and Sd are the domestic demand and supply curves of computers, respectively.
The imposition of a tariff on computers caused economic well-being in the country to ________ by
A. fall; $6 million. B. rise; $34 million. C. fall; $34 million. D. fall; $4 million.
Refer to the figure below. 
In the figure, a business cycle peak is shown by which point(s)?
A. D only B. A and C and E C. E only D. B and D
If the economy slips into recession, the Fed ________ the federal funds rate, which ________ the short-term interest rate, and ________ the quantity of money
A) lowers; lowers; decreases B) raises; lowers; increases C) raises; lowers; decreases D) lowers; lowers; increases E) lowers; raises; increases
A conditional statement such as if event A occurs, then event B follows is an example of normative economics
a. True b. False Indicate whether the statement is true or false