Inventory investment is the difference between the level of output and the level of sales.
Answer the following statement true (T) or false (F)
True
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If the real risk-free interest rate rises, the:
a. Demand curve for real loanable funds rises. b. Demand curve for real loanable funds falls. c. Supply curve of real loanable funds falls. d. None of the above.
The price of a good will fall if:
A. there is an excess demand of the good. B. demand and supply of the good are the same. C. there is an excess supply of the good. D. the price is below the equilibrium price.
The World Bank is
A. made up of the central banks of the leading industrial nations of the world. B. made up of five separate institutions. C. the European Union. D. the Bank of the United Nations.
At full employment, actual ________ equals ________
A) real GDP; potential GDP B) real GDP; nominal GDP C) unemployment; zero D) potential GDP; nominal GDP E) nominal GDP; potential GDP