When people reduce their rate of time preference
A) more credit is made available in the banking system.
B) less credit is made available in the banking system.
C) the demand for credit shifts right.
D) the supply of credit shifts left.
A
You might also like to view...
If tax reduction and simplification are effective, then
A) fewer new firms will be established, since existing firms will make more profit. B) saving and investment in new capital will increase. C) interest rates will rise in financial markets and demand for financial assets falls. D) real wages will rise as labor supply and demand increase.
Which of the following is not a policy proposal of the neoclassical counter-revolution school?
a. promoting free trade b. privatizing state-owned enterprises c. welcoming multinational corporations d. promoting trade unions