If a reform of the tax laws encourages greater saving, the result would be
a. higher interest rates and greater investment.
b. higher interest rates and less investment.
c. lower interest rates and greater investment.
d. lower interest rate and less investment.
c
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Trade war occurs when, after a tariff is imposed, other countries retaliate with their own tariff
Indicate whether the statement is true or false
In foreign exchange markets, who demands dollars and who supplies dollars?
What will be an ideal response?
The short-run aggregate supply curve (SRAS) is based on the theory that wages are flexible
a. True b. False Indicate whether the statement is true or false
Long-term interest rates are ________ than short-term interest rates because long-term loans are ________ than short-term loans.
Fill in the blank(s) with the appropriate word(s).