In economic terms, interest is the payment for
A) current command over resources.
B) producers' goods.
C) stocks.
D) both consumer and capital goods.
Answer: A
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In the loanable funds market, if the real interest rate is higher than the equilibrium real interest rate,
A) the demand for loanable funds curve shifts rightward to restore the equilibrium. B) there is a surplus of investment. C) there is a shortage of loanable funds. D) the demand for loanable funds curve shifts leftward to restore the equilibrium. E) there is a surplus of loanable funds.
In the late-19th century, farmers blamed their problems on a number of factors. Which of these complaints is supported (somewhat) by quantitative evidence gathered by economic historians?
a. Eastern bankers conspired to inflate interest rates on western farm mortgages. b. Manufacturers charged unreasonably high prices for farm equipment. c. Consumer goods prices were rising too rapidly. d. Certain sections of railroad were monopolized, resulting in unreasonably high freight rates.
What is the difference between the Consumer Price Index and the Producer Price Index?
In the diagram below, the profit maximizing output level is 
A. 0B. B. 0C. C. 0A. D. It is impossible to say.