When the nominal interest rate is constant, ________ in the growth rate of the money supply ________ the inflation rate, and ________ the debt-to-GDP ratio
A) an increase; increases; increases
B) an increase; decreases; increases
C) a decrease; decreases; decreases
D) a decrease; decreases; increases
D
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Which of the following is TRUE?
I. As the real interest rate increases, people increase the quantity they save. II. The supply of loanable funds curve is downward sloping. III. As disposable income increases, the supply of loanable funds curve becomes steeper. A) I and III B) II and III C) I only D) III only
An improvement in technology that increases the marginal product will shift the demand for labor curve to the left
a. True b. False Indicate whether the statement is true or false
Are there any types of market failure that result in the underproduction of a good? Explain
Explain why some argue that income tax loopholes primarily benefit the rich.
What will be an ideal response?