Other things constant, if there is an increase in the demand for goods now compared to goods in the future, we would expect that the
a. real interest rate would decline.
b. capital investment rate would decline.
c. current rate of saving would increase.
d. real interest rate would rise.
D
Economics
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A monopolistic market has
a. only one seller b. at least a few sellers c. many buyers and sellers d. firms that are price takers e. none of the above
Economics
The more flexible prices are, the
A) greater demand shifts have to be to bring about a new equilibrium. B) larger the shifts in supply will be after a change in demand. C) greater the reliance by sellers to change the nominal price. D) more quickly a shock to the economy can be absorbed.
Economics