The demand for loanable funds curve shifts rightward when
A) expected profit decreases.
B) the real interest rate rises.
C) the real interest rate falls.
D) expected profit increases.
E) wealth rises.
D
Economics
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If a customs union includes the lowest-cost world producer of a product, then member countries:
a. will always be better off in trade with that product. b. will always be worse off in trade with that product. c. can be better off or worse off depending on the strengths of the trade diversion and trade creation effects for that product. d. will no longer export or import that product.
Economics
Which of the following items is NOT a deficit item in the balance of payments?
A) imports of merchandise B) sales of domestic assets to foreigners C) purchases of gold from foreigners D) military spending abroad
Economics