Today, financial intermediaries specialize in all of the following activities except

The planned investment function will shift downward if

A) real disposable income increases. B) the interest rate falls. C) business expectations become more pessimistic. D) the existing stock of capital decreases.

The rule-of-thumb among many economists suggests that a 10% increase in the minimum wage results in a ________ in the number of jobs held by teens.

A. 1% to 3% drop B. 1% to 3% increase C. 10% to 15% increase D. 10% to 15% drop