Which of the following shifts the supply of loanable funds curve?
A) change in investment demand
B) change in "animal spirits"
C) change in the real interest rate
D) change in disposable income
E) change in expected profit
D
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If inflation in the rest of the world is lower than inflation in Brazil, Brazil's currency (the real) would tend to appreciate
Indicate whether the statement is true or false
If an individual's income rises 4 percent and his clothing purchases increase 5 percent in response, the income elasticity for clothing by the individual is
A) -0.8. B) 0.8. C) 1.25. D) -1.25.
Real GDP will increase over the long run if
A. the long-run aggregate supply curve shifts continually to the left. B. the long-run aggregate supply curve shifts continually to the right. C. the long-run aggregate demand curve shifts continually to the left. D. prices continually go up.
Increases in household and business spending are a demand factor in economic growth.
a. true b. false