The table below shows data for the U.S

Nominal Interest Rate Inflation Rate
2013 5.25 4
2014 5 2
2015 4.5 4.3

Between 2014 and 2015 the real interest rate ________ and caused a ________ the demand for loanable funds curve.
A) increased; rightward shift
B) decreased; movement down along
C) increased; movement up along
D) decreased; leftward shift


B

Economics

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A decrease in labor costs will cause aggregate ________.

A. demand to decrease B. supply to decrease C. supply to increase D. demand to increase

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What are the proximate causes of prosperity? How are they related to the fundamental causes of prosperity?

What will be an ideal response?

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A monopoly sells 5 units of output at $20. If the MR of the 6th unit is $14, then the price of the 6th unit is

A. greater than $20. B. $19. C. also $14. D. $17.

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If the tax-returns and capital gains effect were accounted for in the measurement of income inequality, ________.

A. the top 1% share of income would have decreased by 1.4% from 1978 to 2007 B. the top 1% share of income would have tripled from 1978 to 2007 C. the top 1% share of income would have remained at 8% in 1978 and 2007 D. the top 1% share of income would have less than doubled in value from 1978 to 2007

Economics