Which of the following is included in the demand for loanable funds?

a. investment and government borrowing
b. investment but not government borrowing
c. government borrowing but not investment
d. neither government borrowing nor investment


b

Economics

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Which of the following is a positive economic statement?

a. Too much government spending is the biggest problem facing the U.S. economy. b. Creating jobs is the most serious problem facing the U.S. economy. c. Raising taxes provides additional revenue that should be used to finance health care. d. If taxes are over 50 percent of national income, job creation falls.

Economics

The price of a good always changes when

A. there is an increase in demand and an increase in supply. B. either a shortage or a surplus occurs. C. there is a decrease in demand and a decrease in supply. D. quantity demanded and quantity supplied are constant.

Economics

________ a large number of firms competing by making similar but slightly different products

A) Monopoly requires B) Perfect competition requires C) Monopolistic competition requires D) Oligopoly requires E) Both perfect competition and monopolistic competition require

Economics

In the one-period model, what do we assume about household preferences?

A) Households prefer more to less. B) Households like money. C) Households dislike taxes. D) Households care about others.

Economics