A shift in supply means a change in the quantity supplied at _______ price(s).
a. low
b. high
c. no
d. every
d. every
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If a savings and loan "pools risk," which of the following must it do?
A) take funds in from a large number of lenders B) have a large spread between the interest rate it charges borrowers and the interest rate it pays lenders C) lend money to a large number of firms D) Both answers A and C are correct.
An increase in the number of tomato producers will
a. increase market supply because the price of tomatoes will rise b. increase market supply because market demand will increase as more tomatoes areproduced c. increase market supply because market supply is the sum of all individual tomato producers' supply curves d. increase market demand but leave market supply unchanged e. increase the price of tomatoes
What would the Balance on Goods and Services equal given the following information?Government Taxes= $700; Saving= $100; Gross Private Domestic Investment= $400; Government Spending= $600
a. It is impossible to tell. b. +$1,800 c. +$200 d. -$200 e. +$800
When you use money to purchase groceries, money is functioning as a store of value.
Answer the following statement true (T) or false (F)