The dominant factor why the nominal interest rate differs among nations is that ________ differs among nations

Suppose the economy is at point B. If firms expect profits will be higher in the future, to what point might the economy's move in the short run?

A) It stays at point B. B) It shifts to a point such as A. C) It shifts to a point such as C. D) None of the above answers are correct because it is the SAS curve that shifts, not the AD curve.

The Lorenz curve in the above figure implies that

A) income is equally distributed. B) the lowest fifth of households account for less than 20 percent of income. C) the highest fifth of households account for less than 20 percent of income. D) the lowest fifth of households account for more than 20 percent of income.