If the amount of money demanded exceeds the amount supplied, the:
A. demand-for-money curve will shift to the left.
B. money-supply curve will shift to the right.
C. interest rate will rise.
D. interest rate will fall.
C. interest rate will rise.
Economics
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The faster economic growth is, the
A) steeper the slope of the production possibilities curve. B) closer to the origin the production possibilities curve becomes. C) more bowed the production possibilities curve becomes. D) farther the production possibilities curve shifts out.
Economics
Which of the following is NOT a component of private investment, for purposes of GDP accounting?
A) additions to firms' stock of inventories B) newly produced housing C) newly built factories D) purchases by firms of used machinery
Economics