An oligopoly with two firms is known as:

If there is no Ricardo-Barro effect, an increase in the government budget surplus

A) increases the supply of loanable funds. B) decreases private saving. C) increases private saving. D) decreases the supply of loanable funds. E) has no effect on the demand for loanable funds, the supply of loanable funds, or the real interest rate.

The set of mechanisms and institutions that resolve the questions of what, how, and for whom goods are produced is called the _____

a) automatic stabilizer mechanism. b) business resolution device. c) circular flow model. d) multiplier mechanism. e) economic system.