When the goods market is returning to equilibrium following a decrease in the real interest rate, ________
A) saving and output are both rising
B) saving and output are both declining
C) saving is rising, while output declines
D) all of the above
E) none of the above
A
You might also like to view...
The United States imports shoes from third world countries. This means that if the U.S. economy were closed, the domestic price of goods would be ________ the world price of shoes.
A. greater than B. close to C. less than D. equal to
The long-run average cost (LRAC) curve is based on a group of:
a. short-run average cost (SRAC) curves. b. accounting profit levels. c. competitive firms. d. costs incurred when output is zero.
John and Miguel are fishermen. When they go fishing, John consistently catches 2 or 3 fish per hour, while Miguel consistently catches 5 or 6 fish per hour. Miguel's __________ exceeds that of John
Fill in the blank(s) with correct word
In 1860 four-fifths of the farms with over 500 acres were in the
A. North. B. East. C. South. D. West.