Along an IS curve as income levels __________, saving is larger, so the interest rate must be __________ to expand the level of investment so it will be equal to saving
A) increase; higher
B) increase; lower
C) decrease; higher
D) decrease; lower
B
Economics
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The Populists succeeded in using the federal government to limit subsidies granted to corporations
Indicate whether the statement is true or false
Economics
If utility is not maximized, then:
a. some change in consumption will increase satisfaction. b. no change in consumption will increase utility. c. only a change in income will increase utility. d. only a change in price will increase utility. e. the principle of diminishing marginal utility does not hold.
Economics
Since 1933, bank failures have occurred
a. frequently b. very rarely c. once every 3 years d. every year e. once every 5 years
Economics
Time lags
What will be an ideal response?
Economics