An increase in people's expected future disposable income ________ saving supply, and the supply of loanable funds curve ________
A) decreases; shifts rightward
B) does not change; does not shift
C) increases; shifts rightward
D) increases; shifts leftward
E) decreases; shifts leftward
E
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Which of the following was NOT a reason given for opposing the renewal of the charters of the Banks of the United States?
(a) The Banks of the United States made too many bad loans. (b) The Banks of the United States were unconstitutional. (c) The Banks of the United States hindered the development of private banks. (d) The Banks of the United States were owned, in part, by foreign investors.
The most widely used measure of inflation is based on which of the following price indices?
A) the producer price index B) the consumer price index C) the GDP deflator D) the wholesale price index