As the ________ interest rate increases, the quantity of loanable funds demanded ________
A) real; increases
B) real; decreases
C) nominal; increases
D) nominal; decreases
B
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The price for labor is the wage rate. What happens to the supply of labor if wages increase?
a. It increases. b. It decreases. c. It does not change. d. Uncertain-economic theory has no answer to this question.
What is the difference between product versioning and product bundling? Which of these two business practices have antitrust authorities been more likely to regard to be the form of price discrimination called tie-in sales? Why?
What will be an ideal response?
Microeconomics is the study of
A) how households and firms make choices. B) the economy as a whole. C) the global economy. D) topics such as unemployment, inflation, and economic growth.
The largest income redistribution program(s) in the United States is (are) the
A. Social Security System. B. Supplemental Security Income program. C. Temporary Assistance to Needy Families (TANF) program. D. Medicare and Medicaid programs.