In the Supply and Demand of Loanable Funds model in Chapter 3, a decrease in taxes will shift the:
A. investment demand curve to the left.
B. investment demand curve to the right.
C. savings curve to the left.
D. savings curve to the right.
Ans: C. savings curve to the left.
Economics
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What is the difference between positive economic analysis and normative economic analysis? Give one example each of a positive and normative economic issue or question or statement
What will be an ideal response?
Economics
The federal government subsidizes higher education
A. less than primary and secondary education. B. more than primary and secondary education. C. about the same as primary and secondary education. D. because it does not subsidize primary and secondary education.
Economics