Reducing business taxes or providing specific investment incentives can shift the demand for loanable funds curve
a. rightward, slow the growth of the capital stock, and improve the standard of living
b. rightward, speed the growth of the capital stock, and improve the standard of living
c. leftward, speed the growth of the capital stock, and reduce the standard of living
d. rightward, speed the growth of the capital stock, and reduce the standard of living
e. leftward, slow the growth of the capital stock, and reduce the standard of living
B
You might also like to view...
The order of the letters along the rows of computer keyboards could be changed to allow users to type faster, but this would inconvenience the vast majority of people who learned to type with the current keyboard layout
The costs of switching to a new layout make this change unlikely. This is an example of A) how consumers sometimes do not behave rationally. B) how the elasticity of demand for typewriters has been affected by externalities. C) path dependency. D) how social influences overwhelm the substitution effect of a price change.
Since people respond to incentives, we would expect that, if the average salary of accountants increases by 50% while the average salary of teachers increases by 20%, then
a.fewer students will take degree courses in accounting and more will take education courses. b.fewer students will take degree courses in education and more will take accounting courses. c.fewer students will attend university. d.none of these answers.
The median voter model implies that: a. most voters will have about the same preferences for goods and services provided through government
b. a candidate may adopt more extreme views when seeking her party's nomination than during the general election. c. political voting will be as economically efficient as voting with dollars in competitive markets. d. none of the above
Economists agree that if a monetary policy rule is to be used, the best one makes the growth rate of the money supply constant
a. True b. False Indicate whether the statement is true or false