Which of the following is the government not permitted to do with surplus farm goods?
a. sell to foreign countries at lower than market prices
b. support child nutrition programs
c. give the food to charitable food banks
d. compete with farm-goods producers
e. destroy the food
D
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What is the opportunity cost of going from point D to point C?
Of the following OECD countries, which has the lowest infant mortality rate?
A) the United Kingdom B) Japan C) Canada D) the United States
Assume that the government increases spending and finances the expenditures by borrowing in the domestic capital markets. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and GDP Price Index in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period rises, and GDP Price Index rises. b. The quantity of real loanable funds per time period falls, and GDP Price Index falls. c. The quantity of real loanable funds per time period rises, and GDP Price Index falls. d. The quantity of real loanable funds per time period and GDP Price Index remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
In the macroeconomic short run
What will be an ideal response?