Which of the following will increase the real interest rate?
A) an increase in household saving B) an increase in the demand for loanable funds
C) an increase in the budget surplus D) an increase in the supply of loanable funds
B
Economics
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If the government imposes a specific tax on a monopoly, the consumer's tax incidence
A) can exceed 100%. B) will always be between 0-100%. C) may be negative. D) will be the same as when the tax is imposed on a perfectly competitive firm.
Economics
The concept of mean reversion is defined by
a. the tendency of profits to revert to zero b. the tendency of costs to revert to zero c. the tendency of economic profits to revert to zero d. the tendency of profits to revert to negative
Economics