The total revenue from the sale of a good or service is calculated by multiplying the price paid by the number of units sold

During a recession, firms' expected profit from investment ________ so the demand for loanable funds curve ________

A) rises; shifts rightward B) falls; shifts leftward C) rises; shifts leftward D) falls; does not shift E) falls; shifts rightward

Ted and Alice want to make sure that their children will inherit lots of money when they die, so that their children do not have to struggle the way they themselves did. Saving more in response to this is a ________ reason for saving.

A. bequest B. private C. life-cycle D. precautionary