In a large open economy, what is the source of the domestic supply of loanable funds?
A. Net capital outflow
B. National saving and investment
C. National saving
D. Investment
Answer: C. National saving
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The market for bagels contains two firms: BagelWorld (BW) and Bagels'R'Us (BRU). The owners of the two firms decide to fix the price of bagels. The table below shows how each firm's profit (in dollars) depends on whether they abide by the agreement or cheat on the agreement. 
For Bagels 'R' Us, ________ is a ________.
A. abiding by the agreement; dominant strategy B. cheating on the agreement; dominant strategy C. cheating on the agreement; dominated strategy D. abiding by the agreement; dominant strategy when Bagel World also abides
Everything else remaining unchanged, what is likely to happen to the equilibrium real interest rate and quantity of credit if the credit supply curve shifts to the right?
A) The equilibrium rate of interest will increase and the quantity of credit will decrease. B) The equilibrium rate of interest will decrease and the quantity of credit will increase. C) Both equilibrium rate of interest and quantity of credit will increase. D) Both equilibrium rate of interest and quantity of credit will decrease.
Why will a private market be unable to produce the efficient quantity of public goods?
A) because the good's marginal cost is too low B) because the good is nonexcludable, so there is the free rider problem C) because the good is rival, so no one will want to pay the producer for it D) All of the above answers are correct.
Which of the following is an example of a nonexcludable product?
A) Internet service for your home computer B) public transportation C) college education D) a public library