Assuming all else equal, if there is an increase in the real interest rate:
A) there will be an upward movement along the credit demand curve.
B) there will be a downward movement along the credit demand curve.
C) the credit demand curve shifts to the right.
D) the credit demand curve shifts to the left.
A
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The strongest political pressure for a trade policy that results in higher protectionism comes from
A) domestic workers lobbying for import restrictions. B) domestic workers lobbying for export restrictions. C) domestic workers lobbying for free trade. D) domestic consumers lobbying for export restrictions. E) domestic consumers lobbying for import restrictions.
When the minimum marginal penalty for tax evasion is greater than the maximum marginal tax rate, theory suggests that tax evasion will be
A. greater than 1. B. ?. C. 0. D. 100.
Lower marginal tax rates facilitate a higher return to innovative and risk-taking behavior
a. True b. False
A nation's real GDP was $250 billion in 2013 and $265 billion in 2014. Its population was 120 million in 2013 and 125 million in 2014. What is its real GDP per capita in 2014?
A. $2,120 per person B. $212 per person C. $21,200 per person D. $205 per person