A decrease in the demand for loanable funds and a leftward shift of the demand for loanable funds curve results from

A) an increase in the real interest rate.
B) technological improvements.
C) tax cuts.
D) decreases in the expected profit.

D

Economics

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The required reserve ratio for a bank is set by

A. Congress.
B. the bank itself.
C. the Treasury Department.
D. the banking system.
e. the Federal Reserve.

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Using the income approach, an estimate of the value of capital worn out producing GDP is:

a. indirect business taxes. b. capital consumption allowance or depreciation. c. gross private domestic investment. d. capital erosion estimate.

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For a given year, GDP includes the market value of the following:

A. stocks and bonds. B. bartered goods. C. services. D. land. E. second-hand cars.

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A minimum wage increase _________ the number of unemployed people.

A. may decrease B. will decrease C. may increase D. will increase

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