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Question
Suppose the government has a budget surplus of $2 billion. If there is no Ricardo-Barro effect, what occurs?A) The supply of loanable funds curve shifts rightward, lowering the interest rate, and increasing investment.
B) The demand for loanable funds curve shifts rightward, raising the interest rate, and increasing investment.
C) The supply of loanable funds curve shifts leftward, raising the interest rate, and decreasing investment.
D) The demand for loanable funds curve shifts leftward, lowering the interest rate, and decreasing investment.
E) The supply of loanable funds curve shifts leftward, lowering the interest rate, and increasing investment.
Answer
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Related questions
Q:
Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) the social interest.
C) self-interest.
D) incentives.
E) answering the "for whom" question.
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A) What type of health care will be produced and in what quantity?
B) How will health care be produced?
C) For whom will health care be produced?
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E) Must we offer health care?
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Q:
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B) why
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Which of the following scenarios describes an action that is NOT rational from an economic point of view?
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
An independent relationship between two variables is shown in a graph by
A) an upward-sloping line.
B) a horizontal or a vertical line.
C) a downward-sloping line.
D) a steeply sloped line.
E) any straight line curve.