An increase in the quantity of loanable funds traded means that
a. firms are borrowing less and investment decreases.
b. firms are borrowing less and investment increases.
c. firms are borrowing more and investment increases.
d. firms are borrowing more and investment decreases.
c
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GDP is a measure of the total output of an economy.
Answer the following statement true (T) or false (F)
The transactions demand for money will increase when
A) the rate of interest increases. B) the price level falls. C) nominal Gross Domestic Product (GDP) increases. D) nominal Gross Domestic Product (GDP) decreases.
The four-firm concentration ratio for the cigarette market is 93%. This means that:
A. the four largest firms in the market produce 93% of the total market output. B. the market is an oligopoly. C. there is a high degree of concentration in the cigarette market. D. All of these
________ is considered a high income country, ________ a developing country, and ________ a newly industrializing country
A) Canada; France; Singapore B) Honduras; New Zealand; South Korea C) Japan; Hong Kong; South Korea D) United States; Somalia; Taiwan