The demand for borrowed funds is
a. directly related to the interest rate.
b. inversely related to the growth in gross domestic product.
c. a derived demand.
d. leads to derived demand for capital goods.
c
Economics
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An example of an income maintenance program is
A) a proportional income tax. B) low-cost college tuition. C) unemployment compensation. D) rent control.
Economics
Suppose that the natural rate of unemployment is 5.7 percent. If unemployment has for some time been varying between 5.1 and 5.3 percent, we should be at an actual real GDP ________ the natural real GDP, and should expect inflation to be ________
A) below, slowing down B) below, speeding up C) above, slowing down D) above, constant E) above, speeding up
Economics