The fact that U.S. citizens expect to receive retirement benefits through Social Security and Medicare pushes their:
A. demand for loanable funds further right than it would otherwise be.
B. demand for loanable funds further left than it would otherwise be.
C. supply of loanable funds further right than it would otherwise be.
D. supply of loanable funds further left than it would otherwise be.
D. supply of loanable funds further left than it would otherwise be.
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Incentives work by changing the trade-offs faced by individuals
Indicate whether the statement is true or false
A typical household in Orangeland consumes only orange juice and shorts. Last year, which was the base year, the household spent $400 on juice and $120 on shorts. In the base year, juice was $2 a bottle and shorts were $10 a pair
This year, juice is $3 a bottle, shorts are $12 a pair, and a typical household has bought 180 bottles of juice and 14 pairs of shorts. a) What is the basket used in the CPI? b) Calculate the CPI in the current year. c) Calculate the inflation rate in the current year. d) Is the inflation rate that you've calculated likely to be biased? Why or why not?
Advice on taxes, accounting or management information systems, and business strategies are commonly referred to as ________ services
A) accounting audit B) management advisory C) seller D) managing underwriter
The law of supply states that, holding other factors constant, as price increases
a. Quantity supplied increases b. Quantity supplied decreases c. Quantity demanded increases d. Quantity demanded decreases