Other things the same, an increase in the interest rate
a. would shift the demand for loanable funds to the right.
b. would shift the demand for loanable funds to the left.
c. would increase the quantity of loanable funds demanded.
d. would decrease the quantity of loanable funds demanded.
d
You might also like to view...
After acquiring a close substitute, to increase profits the firm must Raise prices on all the products equally
a. b. Raise the prices only on products with high margins, while reducing prices on products with low margins c. Raise prices only on products with high margins, while keeping prices constant on products with low margins d. Raise prices on both the products, but raise the prices more for products with higher margins
Figure 5-16
In Figure 5-16, a decrease in the price of apples will
a.
shift Adam's budget constraint out.
b.
make Adam's budget constraint steeper.
c.
shift Adam's indifference curves out.
d.
make Adam's budget constraint flatter.
When productive activities are organized according to the principle of the division of labor
A) scarcity is eliminated. B) we do not devote enough resources for capital investment. C) total output increases due to the advantages of specialization. D) an inefficient outcome results.
Suppose workers and firms expect the overall price level to increase by 5%. Given this information, we would expect that
A) the nominal wage will increase by less than 5%. B) the nominal wage will increase by exactly 5%. C) the nominal wage will increase by more than 5%. D) the real wage will increase by 5%. E) the real wage will increase by less than 5%.