In the classical model, the quantity of loanable funds supplied is
a. positively related to the level of income
b. negatively related to the price level
c. positively related to the price level
d. negatively related to the interest rate
e. positively related to the interest rate
E
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In 2009, President Obama and Congress stimulated aggregate demand by
a. increasing taxes and government spending. b. decreasing taxes and government spending. c. increasing taxes and decreasing government spending. d. decreasing taxes and increasing government spending.
If you want to earn a high income you should figure out what others value because
What will be an ideal response?
When the price of gas goes down and the demand for tires goes up, a likely possibility is that tires and gas are:
What will be an ideal response?
When insurance companies use observable information about people to reveal private information, it is called ______.
a. adverse selection b. asymmetric information c. screening d. standardization