Other things constant, when households decide to save more, the supply of credit rises, interest rates ________ and business investment ________
A) rise; rises
B) rise; falls
C) fall; rises
D) fall; falls
C
Economics
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Which of the following acts prohibited predatory pricing?
A. Robinson-Patman Act B. Tunney Act C. Clayton Act D. Sherman Act
Economics
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate. Refer to Table 3-26. Assume that Japan and Korea each has 2400 hours available. If each country spends all its time producing the good in which it has a comparative advantage and trade takes place at a price of 12 cars for 6 airplanes, then
a. Japan and Korea will both gain from this trade.
b. Japan will gain from this trade, but Korea will not
c. Korea will gain from this trade, but Japan will not
d. Neither Japan or Korea will gain from this trade
Economics