Suppose the United States discovers a way to produce clean nuclear fuel. The effect of this discovery would be to
A) lead the United States to produce less nuclear fuel.
B) force the United States to produce at a point inside its PPF.
C) shift the U.S. PPF outward.
D) shift the U.S. PPF inward.
C
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A small country is an international borrower if its real interest rate without foreign borrowing is ________ the world real interest rate
A) higher than B) equal to C) lower than D) not comparable to
Refer to the above figure. If demand curve D1 is the relevant demand curve, rent is
A) zero. B) OG. C) area FHGO. D) area KHG.
An increase in the interest rate will: a. increase the amount of money borrowed by firms
b. decrease the amount of money borrowed by firms. c. have an ambiguous effect on the amount of money borrowed by firms. d. have no effect on the amount of money borrowed by firms.
When the demand for alternative investments decreases, the market for a particular bond adjusts by
a. having the supply of that bond increase. b. having the supply of that bond decrease. c. having the demand for that bond increase. d. having the demand for that bond decrease.