If the population of Country A has a higher percentage of retirees than the population of Country B, then:
a. the demand for loanable funds in Country A would be higher than the supply of loanable funds in Country B.
b. the demand for loanable funds in Country A would be higher than the supply of loanable funds in Country A.
c. the supply of loanable funds in Country A would be higher than the supply of loanable funds in Country B.
d. the supply of loanable funds in Country A would be lower than the supply of loanable funds in Country B.
d
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Which industry has the highest four-firm concentration ratio?
A) college bookstores B) retail gasoline stations C) cigarettes D) discount department stores
Apart from the Great Depression of the 1930s, which decade saw the largest rise in unemployment in the U.S.?
A) 1950s B) 1970s C) 1980s D) 1990s E) 2000s
If a regulatory agency forces a natural monopolist to stop charging monopoly prices and start charging competitive prices,
a. taxpayers will have to subsidize the firm b. price will fall below AVC c. the monopolist will shut down d. stockholders will benefit e. quantity produced will increase
A monopolist faces a demand curve given by P = 60 -2Q and has total costs given by TC = Q2. Its marginal revenue is MR = 60 - 4Q and its marginal cost is MC = 2Q. Now suppose that the country in which this monopolist is located decides to engage in international trade. The world price of the product produced by the monopolist is $10. What is the firm's profit-maximizing output level?
a. 5 b. 20 c. 30 d. 40