If the supply curve illustrates the quantities producers plan to sell at given prices, and the demand curve illustrates the quantities consumers plan to buy at given prices, then the plans of producers and consumers are fully coordinated at the point
where A) the supply curve lies above the demand curve.
B) the supply curve intersects the demand curve.
C) the demand curve lies above the supply curve.
D) the amount of a good needed by consumers exactly equals the amount supplied by producers.
B
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Among the factors that have a negative impact on savings in the United States is the
A) tax system. B) fact that colleges give less in financial aid to students whose families have savings. C) structure of our welfare programs. D) all of the above.
The nominal interest rate is the sum of the
a. real interest rate and the historic rate of inflation. b. real interest rate and the expected rate of inflation. c. historic rate of inflation and the expected rate of inflation. d. expected rate of inflation and the rate of price level increase.