Ans: D) supply; left
According to the loanable funds model, in the short run, contractionary monetary policy shifts the _____ curve for loanable funds to the _____.
A) demand; right
B) supply; right
C) demand; left
D) supply; left
Economics
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Use the following graph, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product, to answer the next question.
If the economy is opened to free trade, the price and quantity of this product sold would be
A. Pa and z. B. Pc and v. C. Pc and z. D. Pt and y.
Economics
You decide to spend time studying for a philosophy exam, even though you have offers to go to see a movie, go out to dinner, or go to a poetry reading
This is a difficult choice for you because you really want to go to the poetry reading and would choose that over seeing the movie or going out to dinner. Your opportunity cost of spending time studying for your philosophy exam is A) going to the movie. B) going out to dinner. C) going to the poetry reading. D) all of the above, since you have offers to do all three
Economics
A noncompeting labor market is best illustrated by the market for
a. fast food workers b. high school teachers c. automobile workers d. concert violinists e. insurance salespeople
Economics
Environmental pollution is accounted for in:
a) GDP. b) PI. c) DI. d) none of these.
Economics