The crowding-out effect implies that a government budget deficit ________ the demand for loanable funds and ________ equilibrium investment
A) increases; decreases
B) does not change; does not change
C) increases; increases
D) decreases; decreases
E) decreases; increases
A
Economics
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The less foreigners demand U.S. products:
a. the more of their currencies they will supply in exchange for U.S. dollars. b. the more of their currencies they will demand in exchange for U.S. dollars. c. the less of their currencies they will supply in exchange for U.S. dollars. d. the less of their currencies they will demand in exchange for U.S. dollars.
Economics
An oligopoly will maximize profits where price equals marginal cost, just like a perfectly competitive firm.
Answer the following statement true (T) or false (F)
Economics