Part of the effect of higher interest rates on residential construction is through
A) inflationary expectations.
B) credit rationing.
C) the expected value of the homes to the buyers.
D) the income effect.
B
Economics
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In the Ricardian model, comparative advantage is likely to be due to
A) scale economies. B) home product taste bias. C) greater capital availability per worker. D) labor productivity differences. E) political pressure.
Economics
What factors can cause the natural rate of unemployment to change?
What will be an ideal response?
Economics