Which of the following conclusions is not supported by the Three-Sector-Model?
a. A decrease in borrowing causes the real risk-free interest rate to fall and equilibrium quantity of real loanable funds to fall.
b. An increase in the supply of a nation's real loanable funds reduces the real risk-free interest rate and increases the equilibrium quantity of real loanable funds.
c. An increase in a nation's demand for goods and services within the intermediate range results in an increase in the real GDP and a lower GDP Price Index.
d. An increase in the value of a nation's currency encourages domestic imports and discourages exports.
e. All of the above are supported by the Three-Sector Model.
.C
You might also like to view...
Under an emissions tax program, the government sets ____; under an emissions permits program, the government sets ____
a. the price of the right to pollute; the price of the right to pollute b. the price of the right to pollute; the permitted total quantity of pollution c. the permitted total quantity of pollution; the price of the right to pollute d. the permitted total quantity of pollution; the permitted total quantity of pollution
(Consider This) Elasticity can be thought of as degree of relative:
A. video brightness. B. price bounce. C. audio volume. D. quantity stretch.