The East Asian model's approach to interest rates has been
a. to keep interest rates well below market levels
b. to keep interest rates above market levels
c. to allow the market to determine interest rates
d. to allocate investment funds entirely through government, and not charge any interest
e. none of the above
E
You might also like to view...
Although specialization of labor increases efficiency of production, another step is necessary
A. to exchange goods among producers. B. to remain fully employed. C. to a reallocation of natural resources. D. to assure that exchange leads to mutual gains. E. All of the responses are correct.
An increase in foreign incomes
A) increases aggregate demand in the United States. B) increases the aggregate quantity demanded in the United States. C) decreases the aggregate quantity demanded in the United States. D) decreases aggregate demand in the United States.
A tax cut shifts aggregate demand
a. by more than the amount of the tax cut. b. by the same amount as the tax cut. c. by less than the tax cut. d. None of the above is necessarily correct.
Savings is considered the portion of income:
A. in any interest-bearing account. B. that is placed in an individual's savings account. C. that is not immediately spent on consumption of goods and services. D. that is spent on productive inputs, such as factories, machinery, and inventories.