If there are strong expectations of future economic growth in Cuba, then the

a. Cuban economy will move to the right along its existing consumption curve
b. Cuban economy will move to the left along its existing consumption curve
c. consumption curve in Cuba will shift downward
d. consumption curve in Cuba will shift upward
e. investment curve in Cuba will shift upward

E

Economics

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Often, when no player has a dominant strategy

A) there is a dominated strategy. B) there is a chance for circular reasoning. C) then another player is needed. D) then there is a competitive market.

Economics

On the horizontal axis of the graph, L represents the quantity of loanable funds in billions of dollars.

Refer to Figure 26-4. Regard the position of the Supply curve as fixed, as on the graph. If the real interest rate is 8 percent, the inflation rate is 3 percent, and the market for loanable funds is in equilibrium, then the position of the demand-for-loanable-funds curve must be

a. between D1 and D2
b. D1
c. to the right of D2
d. D2

Economics