If expected future income increases, then

A) the supply of loanable funds increases.
B) the quantity of loanable funds supplied decreases.
C) the supply of loanable funds decreases.
D) the demand for loanable funds decreases.
E) the quantity of loanable funds demanded increases.


C

Economics

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The government is most likely to block a proposed merger between two companies when:

A. the cross-elasticity between the companies' products is positive and large. B. the income elasticity of the companies' products is negative. C. the cross-elasticity between the companies' products is negative and large. D. the income elasticity of the companies' products is positive.

Economics

Figure 3.3 illustrates the supply and demand for t-shirts. If the actual price of t-shirts is $7, there is an:

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Economics

A payment for the use of any resource over and above its opportunity cost is called

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Economics