A fall in the real interest rate brings a
A) rightward shift of the supply of loanable funds curve.
B) rightward shift of the demand for loanable funds curve.
C) leftward shift of the supply of loanable funds curve.
D) movement down along the supply of loanable funds curve.
E) movement up along the supply of loanable funds curve.
D
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If the economy is producing a level of output $45 billion above full-employment real GDP, the most viable option to shift the output to full-employment GDP would be a
A. tax cut of $45 billion. B. tax increase of some amount less than $45 billion. C. tax increase of some amount greater than $45 billion. D. tax increase of $45 billion.
Refer to the figure above. Calculate the total surplus after the government imposes a tariff of $1 per unit
A) $160 B) $240 C) $300 D) $315
The Consumer Price Index is a measure of the average of the prices paid by ________ for a fixed basket of consumer goods and services
A) urban consumers B) all consumers C) urban wage earners and clerical workers D) consumers living in cities with a population greater than 100,000
A conservative philosophy of land distribution would not support which of the following?
a. High minimum acreage rules for people buying land b. High minimum prices for land c. Credit payments for the land