Other things the same, an increase in the interest rate makes the quantity of loanable funds demanded
a. rise, and investment spending rise.
b. rise, and investment spending fall.
c. fall, and investment spending rise.
d. fall, and investment spending fall.
d
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List six essential ingredients for economic growth
What will be an ideal response?
A variable that tends to move later than aggregate economic activity is called
A) a leading variable. B) a coincident variable. C) a lagging variable. D) an acyclical variable.
What did the Lever Food Control Act of 1917 give the U.S. federal government the power to do?
(a) Take over factories during periods of war (b) Inspect meat-packing plants and control the quality of work completed (c) Buy, sell and distribute food during times of peace (d) Seize Congressional control over food-related production
The Sherman Act
a. prohibited restraint of trade b. created the Federal Trade Commission c. prohibited fraudulent advertising d. regulated the railroads e. exempted insurance companies from antitrust law