Credit rationing refers to
A) the increase in the interest rate that occurs when the demand for credit increases.
B) the increase in the interest rate that occurs when the supply of credit increases.
C) the increase in the interest rate that occurs when the supply of credit decreases.
D) a restriction in the availability of credit.
D
Economics
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In the case of a positive externality, social marginal cost will
a. exceed private marginal cost. b. be equal to private marginal cost. c. fall short of private marginal cost. d. have no specific relation to private marginal cost.
Economics
In Keynesian economics the expenditure multiplier suggests that a change in spending causes a(n) _______________ change in GDP.
a. equal b. lesser c. greater d. minor
Economics