Firms often seek to borrow money to expand their capital stock, and the price they pay for that money is the interest rate. What happens to the demand for money if the interest rate increases?

Loophole mining refers to financial innovation designed to

A) hide transactions from the IRS. B) conceal transactions from the SEC. C) get around regulations. D) conceal transactions from the Treasury Department.

If population is expanding at a faster rate than a country's real output is expanding: a. real per capita output would increase

b. real per capita output would decrease. c. the production possibilities curve for the country as a whole will be shifting outward. d. both (b) and (c) would be true.