In the loanable funds market, if the interest rate is above the equilibrium level
A) there is a shortage of loanable funds.
B) there is a surplus of loanable funds.
C) expected profit falls.
D) government expenditure decreases.
B
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Use the aggregate expenditures model and the following values to answer the next question.AMPCIGT$3500.75$400$400$200Determine equilibrium real GDP for this economy.
A. $4,600 B. $5,400 C. $3,800 D. $4,000
Give an example of a frictionally unemployed person
What will be an ideal response?
The smaller the marginal propensity to save, other things constant, _____
a. the smaller the marginal propensity to consume b. the larger the multiplier c. the smaller the multiplier d. the flatter the consumption function e. the steeper the saving function
The Sherman Act outlawed practices that result in the restraint of trade.
Answer the following statement true (T) or false (F)