India's government runs a government budget surplus. If there is no Ricardo-Barro effect, the surplus means that the

A) private supply of loanable funds curve lies to the left of the supply of loanable funds curve.
B) private demand for loanable funds curve lies to the left of the demand for loanable funds curve.
C) private supply of loanable funds curve is the same as the supply of loanable funds curve.
D) private supply of loanable funds curve lies to the right of the supply of loanable funds curve.
E) None of the above answers is correct.


A

Economics

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The price elasticity of demand for meat in general is inelastic while the price elasticity of demand for turkey or chicken is more elastic. Why?

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Economics

The two sources that contribute roughly 80 percent together of total tax revenues are:

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Marginal benefits are downward sloping when

A. there are no total benefits. B. the slope of the marginal benefits curve is negative. C. total benefits are increasing at a decreasing rate. D. marginal costs are upward sloping.

Economics