Which of the following does not shift the supply of real loanable funds to the right (i.e., increase it)?
a. A rise in real income.
b. An increase in wealth.
c. Higher consumer indebtedness levels relative to income.
d. All of the above increase the supply of real loanable funds.
.B
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A government-imposed restriction on the quantity of a specific good that may be imported to and sold in the United States is called a
A) tariff system. B) quota system. C) reverse-trade system. D) union trade system.
The government just approved a bill allocating twenty million dollars to hire teachers specifically to work with students in low-income neighborhoods. This action answered which basic economic question?
a. Who will get the goods and services? b. How will the goods and services be produced? c. What is the best method of production? d. What goods and services will be produced?