In the recent Global Economic Crisis, all of the following are causes that pushed the IS curve to the left EXCEPT
A) the negative wealth effect from the collapse of the housing bubble.
B) the end of cash-out mortgage refinancing.
C) growing unwillingness of banks and nonbank financial institutions to grant loan.
D) slow and minimal response of the U.S. government.
D
Economics
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When we add together all the individual firm's demands for loanable funds, we get the
a. equilibrium interest rate b. total number of machines purchased c. market demand for loanable funds d. price paid for additional capital e. marginal factor cost curve
Economics
Figure 4-22
Refer to . The effective price sellers receive after the tax is imposed is
a.
$1.00.
b.
$3.50.
c.
$5.00.
d.
$6.00.
Economics