The table above gives a nation's investment demand and saving supply schedules. It also has the government's net taxes and expenditures. When the real interest rate is 4 percent, the supply of loanable funds is equal to
A) $10 billion. B) $50 billion. C) $90 billion. D) $80 billion. E) $30 billion.
B
Economics
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If the median voter theorem holds,
a. a Borda count will violate the principle of transitivity. b. the Condorcet paradox also holds. c. minority views will not receive much consideration. d. All of the above are correct.
Economics
Suppose that initially, supply is given by the equation Qs = 4P ? 16. If, as a result of higher production costs, the quantity supplied decreases by 4 at every price, the new supply equation would be:
A. Qs = 8P ? 16. B. Qs = 4P ? 12. C. Qs = P ? 16. D. Qs = 4P ? 20.
Economics