If expectations about the future don't change at all, then an economic downturn will generally:
A. increase savings at a given interest rate and shift the supply curve for loanable funds to the right.
B. decrease savings at a given interest rate and shift the supply curve for loanable funds to the right.
C. decrease savings at a given interest rate and shift the supply curve for loanable funds to the left.
D. increase savings at a given interest rate and shift the supply curve for loanable funds to the left.
Answer: C
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Capital goods are
A) a type of intermediate good. B) final goods, because they are not used up during a given year. C) produced in the same year as the related final good, whereas intermediate goods are produced in different years. D) produced in one year, whereas final goods are produced over a period of more than one year.
Which of the following are the three laws that define the U.S government's approach to antitrust?
a. The Wilmington, Jackson, and International Trade Commission Acts b. The Springfield, Clayton, and Trade Commission Acts c. The Sherman, Clayton, and Federal Trade Commission Acts d. The Sherman, Jackson, and Regional Trade Commission Acts e. The Jackson, Charleston and Sherman Monopoly Restrictive Trade Acts
A cap-and-trade policy
A. has a set number of permits. B. allows polluters to trade permits. C. caps the total level of pollution allowed. D. all of these answer options are correct.
The distribution of income in the United States
A. became slightly more equal during the 1980s. B. did not change significantly during the 1980s. C. has become more unequal since 1980. D. has become more equal since 1980.