An automobile manufacturer decides to increase its retained earnings. Assuming all else equal, this will cause:
A) a downward movement along the current credit supply curve of the firm.
B) the current credit supply curve of the firm to shift to the left.
C) the current credit supply curve of the firm to shift to the right.
D) an upward movement along the current credit supply curve of the firm.
C
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When hamburger is $3 per pound, Ms. Rush buys 6 pounds. When hamburger is $2 per pound, Ms. Rush buys 10 pounds. Describe Ms. Rush's demand between these two prices
A) elastic B) unit elastic C) inelastic D) perfectly inelastic E) perfectly elastic
The government budget constraint implies that
A) government borrowings = government spending+ transfers - taxes and user charges. B) government borrowings = taxes and user charges + government spending - transfers C) government spending = transfers - taxes and user charges - government borrowing. D) government spending = government borrowing - transfers - taxes and user charges