If in the past Congress had taken additional actions to make saving more rewarding, then today it is likely that the equilibrium interest rate

a. and the equilibrium quantity of loanable funds both would be lower.
b. and the equilibrium quantity of loanable funds both would be higher.
c. would be higher and the equilibrium quantity of loanable funds would be lower.
d. would be lower and the equilibrium quantity of loanable funds would be higher.


d

Economics

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After Hurricane Katrina devastated parts of Mississippi and New Orleans in 2005, we can be sure that the production possibilities frontier for that area temporarily

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How is the sacrifice ratio measured? How big is the sacrifice ratio in the United States? In other countries? What problems are there in measuring the sacrifice ratio?

What will be an ideal response?

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_________________—a term referring to the percentage change in the quantity of savings divided by the percentage change in interest rates.

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Which of the following is not a valid point in debating the merits of increasing government expenditures or cutting taxes during a recession?

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Economics