Use the information in the following table to answer the next question.Money SupplyMoney DemandInterest RateInvestment (at interest rate shown)$400$6002%$7004005003600400400450040030053004002006200The amount of investment that will be forthcoming in this economy at equilibrium is ________.
A. $500
B. $600
C. $700
D. $300
Answer: A
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Between 1929 and 2005 in the United States, as measured by the Lorenz curve, income inequality:
a. was greater. b. remain unchanged. c. was less. d. increased sharply.
In contrast to the typical Republican Party laissez-faire policies, President Richard Nixon in 1971 introduced
A. mandatory drug testing of cabinet officers. B. monetary targets for the Federal Reserve Board. C. wage and price controls. D. mandatory gold purchases by the U.S. Treasury.
Whom does the Bureau of Labor Statistics include in the discouraged worker category?
a. those who are neither disabled, employed nor seeking employment b. labor force members who have chosen early retirement because they dislike their work or think the pay is too low c. people who tried unsuccessfully to find a job and aren't searching for a job any longer d. members of the labor force who are looking for a job but cannot find one e. anyone in the population who is not working
The saving rate in the United States fell to nearly zero in the early 2000s. One of the contributing factors to this development was the
a. decrease in consumer confidence in the late 1990s. b. declining real incomes of most American households. c. increased housing wealth. d. rising real interest rates in the United States.