If technological change increases the profitability of new investments for firms, then the ________ curve for loanable funds will shift to the ________

For automobile demand in the U.S., the income response tends to be larger in the:

A) short run. B) long run. C) The income response is the same in the long run and the short run. D) We do not have enough information to answer this question.

The income that people earn in resource or factor markets is called:

a. national income. b. personal income. c. disposable personal income. d. transfer payments. e. net national product.