Assuming all else equal, any change that causes a decrease in the credit supply at a given real interest rate will cause:
A) the credit supply curve to shift to the right.
B) an upward movement along the credit supply curve.
C) a downward movement along the credit supply curve.
D) the credit supply curve to shift to the left.
D
Economics
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If the paint on your house was eaten away by the fumes from a factory nearby and you hired a lawyer to sue the polluting firm, your legal fees would be considered
A) marginal benefits. B) social costs of the pollution. C) external costs. D) transactions costs.
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Describe the state of affairs in the developing world concerning social overhead capital?
What will be an ideal response?
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