What variable adjusts to balance demand and supply in the market for loanable funds?
The real interest rate.
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Refer to the table above, which gives five points on a nation's PPF. The production of 7 units of X and 28 units of Y is
A) impossible given the available resources. B) possible but leaves some resources less than fully used or misallocated. C) on the production possibilities frontier between points c and d. D) on the production possibilities frontier between points b and c.
Which of the following best defines the specialization of resources?
a. Workers are compensated as individuals. b. Special resources are needed to produce most goods. c. Each resource is paid for in full. d. Each resource is paid the most if it is specialized. e. Each resource is focused on a limited number of productive activities.
Refer to the information provided in Figure 13.9 below to answer the question(s) that follow. 
Figure 13.9 Refer to Figure 13.9. Under monopoly, the level of electricity production is ________ megawatts.
A. 500 B. 600 C. 800 D. 1200
Which of the following would not be an external cost associated with gambling?
A. The increase in homelessness associated with casinos B. The increase in crime near casinos C. The cost of security at casinos D. The effects on the gamblers' family