Other things the same, when the price level rises, interest rates
a. rise, which means consumers will want to spend more on homebuilding.
b. rise, which means consumers will want to spend less on homebuilding.
c. fall, which means consumers will want to spend more on homebuilding.
d. fall, which means consumers will want to spend less on homebuilding.
b
You might also like to view...
Discount policy affects the money supply by affecting the volume of ________ and the ________
A) excess reserves; monetary base B) borrowed reserves; monetary base C) excess reserves; money multiplier D) borrowed reserves; money multiplier
The government finances Social Security through
A) excise taxes. B) payroll taxes. C) the sale of goods and services. D) state taxes.
The optimal level of pollution is
a. zero b. the level at which the marginal social cost of air quality equals the marginal social benefit c. the level at which the average social cost of air quality equals the average social benefit d. the level at which the total social cost of air quality equals the total social benefit e. the level at which the marginal social cost of air quality is minimized
According to the graph shown, if this economy were to open to trade, domestic producers would have to cut:
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.
A. production by 55 units.
B. production by 90 units.
C. prices by $3.
D. prices by $7.