Which of the following statements is correct?
A) The supply curve for loanable funds slopes up, whereas the supply curve for bonds slopes down.
B) The demand curve for loanable funds slopes up, whereas the demand curve for bonds slopes down.
C) The demand curve for loanable funds and the demand curve for bonds both slope up.
D) The supply curve for bonds and the supply curve for loanable funds both slope up.
D
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The degree to which the public believes the central bank's announcements about future policy is its
A) reputation. B) transparency. C) openness. D) credibility.
The difference between economies of scale and economies of scope is:
a. economies of scale occur whenever inputs can be shared in the production of different products b. economies of scope occur whenever inputs can be shared in the production of different products c. economies of scale can occur when two or more products are produced d. economies of scope can occur when two or more products are produced e. both b and d