If citizens expect to bear more of the burden for their own health care and retirement costs in the future, then we would expect their:
A. demand for loanable funds further right than it would otherwise be.
B. demand for loanable funds further left than it would otherwise be.
C. supply of loanable funds further right than it would otherwise be.
D. supply of loanable funds further left than it would otherwise be.
C. supply of loanable funds further right than it would otherwise be.
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In October 2008, Congress passed the ________, under which the Treasury provided funds to banks in exchange for stock
A) Bank Rescue Alliance Treaty (BRAT) B) Mortgage Transfer Agency (MTA) C) Financial Assurance Association (FAA) D) Troubled Asset Relief Program (TARP)
Good news about an economic indicator __________ the denominator and __________ the numerator in the stock price valuation formula
A) raises; raises B) raises; lowers C) lowers; raises D) lowers; lowers
One effect of the work requirements of welfare reform has been
a. to make the demand curve for welfare upward sloping b. to lower the "price" of welfare to recipients c. to make the supply curve of welfare upward sloping d. to reduce the amount of hassle involved with going on welfare e. to raise the "price" of welfare to the recipients
Why would it be a mistake to treat opportunity costs and explicit monetary costs as identical?
a. Because sometimes the market does not function well. b. Because opportunity costs are different for different goods. c. Because there are trade-offs involved in any decision. d. Because of existence of efficient markets.