Interest payments on the national debt are projected to be about ____% by 2046.
Fill in the blank(s) with the appropriate word(s).
26
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Credit cards
A) make it easy for people to borrow funds at a low rate of interest. B) are just like money because funds can be used to purchase things up to the credit limit. C) can help you get more from your money because they make it possible for you to spend more than you earn. D) make it easy for people to run up sizeable debt.
Use the following figure showing the domestic demand and supply curves for product B in a hypothetical economy to answer the next question.After trade, at a world price of Pw, total economic surplus equals area(s)
A. A + B + C + D. B. A + B + C + D + E + F + J + I. C. A + B + C + D + E + F. D. D.
The monopolistic competitor
A. may make a profit in the short run but not in the long run. B. may make a profit in the long run but not in the short run. C. may make a profit in both the short run and the long run. D. may make a profit in neither the short run nor the long run.
Holding other factors constant, if employers automatically enroll employees in retirement savings programs in order to overcome psychological barriers to saving, then the real interest rate will ________ and the equilibrium quantity of saving and investment will ________.
A. increase; decrease B. decrease; increase C. increase; increase D. increase; not change