If an economy imposes entry barriers to entrepreneurship:
A) the opportunity cost of entrepreneurship will increase.
B) the number of entrepreneurs in the economy will increase.
C) the aggregate output in the economy will increase.
D) the opportunity cost of entrepreneurship will decrease.
A
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Which of the following statements is TRUE about the success of the World Bank?
A) The World Bank has been successful because it has focused on its primary function of making loans to governments. B) The World Bank has not been successful because it has focused on making loans to governments where there has been a loss of confidence in a nation's financial system. C) The World Bank has not been successful because many loans have been made to countries that can attract private funds. D) The World Bank has been very successful in promoting economic growth because loans have been primarily made to countries that have trouble attracting private funds.
According to the interest-rate-based transmission mechanism for monetary policy, a decrease in the money supply will cause the
A) interest rate to fall, causing planned real investment spending to rise and leading to an increase in aggregate demand. B) interest rate to fall, causing planned real investment spending to rise and leading to a decrease in aggregate demand. C) interest rate to rise, causing planned real investment spending to fall and leading to a decrease in aggregate demand. D) interest rate to rise, causing planned real investment spending to rise and leading to a decrease in aggregate demand.