If the credit supply curve of an economy shifts to the left and the credit demand curve remains unchanged, ________
A) its real interest rate will rise B) its real unemployment level will fall
C) its real interest rate will fall D) its real output will increase
A
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The total producer surplus in the entire market is given by the:
A) product of the individual seller's surplus. B) sum of all the individual sellers' producer surplus. C) area between the market supply curve and the market demand curve. D) area between the market demand curve and the price line.
Bondholders are not indifferent when a company sells more bonds
Indicate whether the statement is true or false
The aggregate demand curve slopes:
A. downward, like individual supply curves. B. upward, like individual supply curves. C. downward, like individual demand curves. D. upward, like individual demand curves.
Suppose the Tidy Laundry Detergent Company, which sells 40% of all detergent, is thinking about raising its price. Before Tidy makes the change, they analyze the likely responses of the All-Clean Detergent Company, which sells 35% of all detergent, and Cheerful Detergent Company, which sells 20% of all detergent. Tidy's behavior showsÂ
A. mutual interdependence in pricing decisions. B. nonprice competition. C. difficult entry in oligopolies. D. collusion.