A larger budget deficit

a. raises the interest rate and investment.
b. reduces the interest rate and investment.
c. raises the interest rate and reduces investment.
d. reduces the interest rate and raises investment.

c

Economics

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What will be the principal and most immediate effect on the supply or demand of raw cotton grown in the United States if a low-cost process for making cotton cloth wrinkle-free is developed?

A) Decrease in demand B) Decrease in supply C) Increase in demand D) Increase in supply

Economics

When looking at this graph for the welfare effects of a price ceiling, area d represents ______.

a. the net welfare gain to society b. the deadweight loss to society c. the transfer of consumer surplus to producer surplus d. the transfer of producer surplus to consumer surplus

Economics