In the IS curve, at __________ income levels, saving is __________, so the interest rate must be __________ to expand investment
A) higher; smaller; lower
B) higher; larger; higher
C) higher; larger; lower
D) lower; larger; lower
C
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Which of the following is a microeconomic question?
A) Should Congress and the president take action to reduce the unemployment rate? B) Why do some countries have higher economic growth rates than other countries? C) Should companies pay for employees' health insurance? D) Should the Fed attempt to influence the interest rate to control potential inflation?
New Source Performance Standards (NSPS)
a. were revoked by the Clean Air Act Amendments of 1990 b. are applicable to new and modified stationary sources c. are performance-based standards defined by the EPA d. are more lenient than emissions limits for existing sources e. none of the above
Spending VCU4 on real-world goods and services causes the nation's:
a. Demand for real goods and services to rise and monetary base to remain the same. b. Demand for real goods and services to remain the same and M2 money supply to remain the same. c. Demand for real goods and services to rise and M2 money multiplier to rise. d. Demand for real goods and services to remain the same and M2 money supply to rise.
M2 consists of M1 plus savings deposits, small time deposits, money market mutual funds, and a few minor categories.
Answer the following statement true (T) or false (F)