Other things the same, a decrease in the real interest rate
a. increases the quantity of loanable funds demanded.
b. shifts the demand for loanable funds curve to the right.
c. decreases the quantity of loanable funds demanded.
d. shifts the demand for loanable funds curve to the left.
a
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Equity instruments are traded in the ________ market
A) money B) bond C) capital D) commodities
The wage rate and MLC differ for a monopsonist because
a. the monopsonist is forced to pay a wage rate greater than the worker's MLC b. the monopsonist must accept the labor market's wage rate c. workers are not as efficient when employed by a monopsonist d. any wage rate increase applies to all workers, not just to the last hired e. a wage rate decrease forces workers to work longer hours
The rational expectations hypothesis indicates that people
a. pay little attention to policy when forming their expectations about the future. b. expect the next period to be pretty much like the recent past, regardless of policy changes. c. will always be able to forecast the future accurately. d. change their expectations about the future if policy changes.
About 1 out of every _____ black Americans is poor.
A. 12 B. 7 C. 4 D. 2