In 2008 the fall in the value of the stock market decreased people's wealth. As a result of this change alone, the supply of loanable funds
A) did not change, and there was a downward movement along the supply of loanable funds curve.
B) did not change, and there was an upward movement along the supply of loanable funds curve.
C) decreased.
D) did not change, and there was no movement along the supply of loanable funds curve.
E) increased.
E
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Refer to the scenario above. If this game is repeated several times, Beth will ________ and Charles will ________
A) not trust; defect B) trust; defect C) trust; cooperate D) not trust; cooperate
Jill, a bookkeeper, just received an attractive offer from an outside firm and so she asks for a raise from her current employer. If the management of Jill's company is aware of the offer, her raise request is more likely to be
a. Accepted b. Rejected c. Laughed at d. All of the above