If the quantity of loanable funds supplied is greater than the quantity demanded, then there is a
a. shortage of loanable funds and the interest rate will fall.
b. shortage of loanable funds and the interest rate will rise.
c. surplus of loanable funds and the interest rate will fall.
d. surplus of loanable funds and the interest rate will rise.
c
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Monetarism is a school of thought put forth by Milton Friedman. He argued that the economy would most likely
A) be unstable. B) be at potential GDP. C) be above potential GDP. D) be below potential GDP.
Which of the following statements regarding the creation of brand loyalty to create and maintain market power is false?
A) Brand loyalty efforts often focus on creating perceived, as opposed to real, differences among products. B) Brand loyalty can be enhanced by improving the level of service associated with a particular product. C) One study showed that, in the case of competing beers, brand loyalty has relatively little to do with price. D) Brand loyalty is determined primarily by real differences in competing products.
Good weather is an example of a natural condition that affects supply for salmon fishing.
Select whether the statement is true or false. A. True B. False
The accounting relationship between the budget deficit and the trade deficit may be expressed as ____.
A. G + T = (S + I) + (X? IM) B. G? T = (S + I) + (X + IM) C. (X? IM) = (S? I) ? (G? T) D. (X? IM) = (S + I) ? (G? T)