In the figure above, a factor that could cause the supply of bonds to shift to the right is
A) a decrease in government budget deficits.
B) a decrease in expected inflation.
C) a recession.
D) a business cycle expansion.
D
You might also like to view...
It is difficult to make the concept of need useful because it is difficult to define and compare "needs" among people
a. True b. False Indicate whether the statement is true or false
The absolute poverty line
a. decreases as real income grows. b. shows the average income of the lowest income group. c. can be measured with the Lorenz curve. d. None of the above.
If scarcity was eliminated
A. all nations would have an absolute advantage in producing all products. B. the concept of trade-offs would become irrelevant. C. trade would become unnecessary. D. opportunity costs would increase.
Tax incidence is the
A. structure of the tax. B. ultimate distribution of a tax's burden. C. behavior of shifting the tax to another party. D. measure of the impact the tax has on employment and output.