During an election year, the federal government would mostly likely increase _____
a. tax rates
b. interest rates
c. the discount rate charged to commercial banks
d. the minimum reserve requirement of commercial banks
e. government purchases of goods and services
e
Economics
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In the above figure, the shift in the supply curve from S to S1 reflects
A) an increase in the quantity of pizza supplied. B) a decrease in the quantity of pizza supplied. C) an increase in the supply of pizza. D) a decrease in the supply of pizza. E) None of the above answers is correct.
Economics
Interest rates are higher the
A) shorter the duration of the loan. B) greater the risk. C) larger the amount of the loan, holding other things constant. D) lower the inflation rate.
Economics