A technological advance in the production of automobiles will:
A) increase the supply of automobiles.
B) decrease the supply of automobiles.
C) increase the demand for automobiles.
D) decrease the demand for automobiles
A) increase the supply of automobiles.
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The United States consumes more energy per person than any other country in the world.
Answer the following statement true (T) or false (F)
The Fed's exit strategy refers to how they will exit from political discussion
a. true b. false
An effluent fee is an example of:
A. a market incentive policy. B. a direct regulation of pollution. C. a tax incentive policy. D. a voluntary approach to pollution.
Calculate the National Savings (NS) of country A in 2009.
Consider the closed economy of country A where KI = 0. In year 2009, government expenditure (G) is $300 billion, the total tax collected (T) is $900 billion and tax being transferred (TR) is $200 billion. The loanable fund market is currently in equilibrium, and the total demand equation (including SG) is DLF: r =0.04 - 0.000025Q, where r is the real interest rate, and that private saving, SP, equals $800 billion at equilibrium