According to the text, the income elasticity of demand for food in industrialized nations is lower than that of poorer nations

When the real interest rate increases

A) the supply of loanable funds curve shifts rightward. B) the supply of loanable funds curve shifts leftward. C) there is a movement upward along the supply of loanable funds curve. D) there is a movement downward along the supply of loanable funds curve.

The voices of business and industry are less likely to influence government policy than the voices of consumers in the HPAE

Indicate whether the statement is true or false