If the interest rate rises, the
a. quantity of loanable funds demanded by firms decreases
b. quantity of loanable funds demanded by government decreases
c. quantity of loanable funds demanded by firms increases
d. quantity of loanable funds demanded by government increases
e. demand for loanable funds curve shifts to the right
A
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Based on the production data for Pat's Pizza Parlor in the above table, the marginal product of the 4th worker is ________ pizzas
A) 5 B) 8 C) 10 D) 45
Which of the following statements is TRUE of static tax analysis?
A) A government receives lower tax revenues by raising the tax rate. B) A government receives higher tax revenues by raising the tax rate. C) A government cannot change it tax revenues by changing the tax rate. D) A change in the tax rate can raise or lower tax revenues, depending on other factors.