Interest rates would __________ if the supply of loanable funds decreased.

Just as indifference maps represent consumer tastes, so isoquant maps represent a producer tastes.

Answer the following statement true (T) or false (F)

In providing a legal framework, the government

A. Protects copyrights to encourage textbook protection. B. Protects the ownership of private property to encourage the private sector. C. Protects patents to encourage entrepreneurship. D. All of the choices are correct.