The demand for borrowed funds is
A. directly related to the interest rate.
B. inversely related to the growth in gross domestic product.
C. a derived demand.
D. leads to derived demand for capital goods.
Answer: C
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If there is an outward shift in U.S. demand for French goods, the result will be
A) a decrease in the dollar price of a euro. B) an inward shift in French demand for U.S. goods. C) a decrease in euros traded. D) an increase in the dollar price of a euro.
The problems faced by oligopolies with three or more members are entirely different from the problems faced by duopolies
a. True b. False Indicate whether the statement is true or false
The interest rate is the price paid for the use of a:
A. financial liability. B. real asset. C. real liability. D. financial asset.
The Endangered Species Act has
A. failed in that no species of plant or animal is better off now than when the law was passed. B. succeeded marginally in that 33 of the more than 1200 endangered species now have stable populations. C. succeeded in that there are no endangered species to be concerned about in the U.S. D. made things worse because it allows more species to become extinct.