Higher levels of savings will result in all of following except:
a. greater economic growth
b. higher capital formation.
c. more consumption in the future.
d. lower rates of investment.
d
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A government policy that lets individuals put away money for retirement tax-free will
A) shift the demand curve for loanable funds rightward. B) crowd out private investment. C) shift the supply curve of loanable funds to the right. D) induce people to save less at any interest rate.
When economists speak of a firm's costs, they are usually excluding the opportunity costs
a. True b. False Indicate whether the statement is true or false
Which of the following accounts are included in the calculation of Balance of Payments?
(a) Financial Account, Savings Account, Capital Account. (b) Savings Account, Current Account, Financial Account. (c) Financial Account, Current Account, Capital Account. (d) Capital Account, Current Account, Savings Account.
According to liquidity preference theory, equilibrium in the money market is achieved by adjustments in
a. the price level. b. the interest rate. c. the exchange rate. d. real wealth.