What would happen in the market for loanable funds if the government were to decrease the tax rate on interest income?
a. There would be an increase in the amount of loanable funds borrowed.
b. There would be a reduction in the amount of loanable funds borrowed.
c. There would be no change in the amount of loanable funds borrowed.
d. The change in loanable funds is uncertain.
a
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The practice of increasing a nominal quantity each period by an amount equal to the percentage increase in a specified price index is called:
A. indexing. B. the Fisher effect. C. a substitution bias. D. deflating.
Demand and quantity demanded are the same thing.
Answer the following statement true (T) or false (F)
The stand-alone selling price of a good or service may be highly uncertain because the seller
A. has not previously sold the good or service. B. sells the product or service in various combinations with other goods or services. C. provides the same good or service to different customers at substantially different prices
Which of these instances would constitute labor-market discrimination? Henry receives a higher wage than Ryan. Henry and Ryan are identical in all of their labor-market characteristics except that
a. Henry is a college graduate, and Ryan has only a high school diploma. b. Henry has 10 years of experience at his job, whereas Ryan has only five years of experience. c. Henry is white and Ryan is Black. d. by objective measures Henry consistently outperforms Ryan.