The fact that people prefer present consumption to future consumption results in:
A. an upsloping supply of loanable funds curve.
B. a downsloping demand for loanable funds curve.
C. a downsloping supply of loanable funds curve.
D. an upsloping demand for loanable funds curve.
Answer: A
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Horizontal integration allows firms to do all of the following except
a. take advantage of cost savings due to economies of scale. b. reduce administrative costs. c. create brand identity. d. fully integrate with primary care clinics and acute care nursing facilities.
When the Fed buys Treasury securities
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The demand for money varies
a. directly with both the price level and the level of real GDP. b. inversely with both the price level and the level of real GDP. c. inversely with the price level and directly with the level of real GDP. d. directly with the price level and inversely with the level of real GDP. e. inversely with the level of nominal GDP.