Which of the following would not cause an increase in the demand for cheese?
a. a decrease in the price of crackers, which are consumed with cheese
b. an increase in the income of cheese consumers, assuming that cheese is a normal good
c. an increase in the population
d. a technological advance that makes it cheaper to produce cheese
d
Economics
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Which of the following is not a depository institution?
a. A commercial bank b. A thrift institution c. A pension fund d. A savings and loan institution e. A credit union
Economics
If household saving decreases by $3 million, business saving increases by $1 million, and the government budget deficit increases by $2 million, then private saving ________ and public saving ________.
A. decrease; decreases B. increases; decreases C. does not change; increases D. increases; does not change
Economics