Just this week airlines put through a ___ each-way across-the-board fare hike
Fill in the blank(s) with the appropriate word(s).
Ans: $2
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If intended investment is $2 billion, and unwanted inventory is $0, then we know that all of the following statements are true except
a. consumption spending is $2 billion b. saving = $2 billion c. actual investment = $2 billion d. the economy is in equilibrium e. national income equals aggregate expenditure
If the demand for loanable funds shifts to the right, then the equilibrium interest rate
a. and quantity of loanable funds rises. b. and quantity of loanable funds falls. c. rises and the quantity of loanable funds falls. d. falls and the quantity of loanable funds rises.
An indifference curve shows the various consumption bundles that result in the same level of well-being for an individual.
Answer the following statement true (T) or false (F)
A trade-off occurs when some quantity of production or consumption of a good or service is given up in order to produce or consume another good or service.
a. true b. false