An increase in public saving has what impact on the market for loanable funds?
A) The demand for loanable funds decreases. B) The supply of loanable funds decreases.
C) The supply of loanable funds increases. D) The demand for loanable funds increases.
C
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Which of the following should be included in U.S. GDP?
A) a 3D television manufactured in Thailand and sold in the United States B) a 3D television manufactured in the United States and sold in Thailand C) a 3D television manufactured in Thailand by a U.S. firm and sold in the United States D) a used 3D television manufactured in the United States and sold in Thailand
Suppose the economy is in long-run and short-run equilibrium. The Fed changes its policy by raising the difference between the discount rate and the federal funds rate. In the long run we would expect to observe
A) a higher real national income. B) a lower real national income. C) a higher price level. D) a lower price level.