Congress and the President implement an investment tax credit. Which curve in the market for loanable funds shifts, which direction does it shift, and what happens to the interest rate?
The demand for loanable funds shifts right. The interest rate rises.
Economics
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While the Brady Plan did not end the debt crisis, it was a significant step toward greater stability in the Latin American region
Indicate whether the statement is true or false
Economics
A policy to increase aggregate demand to cure a recessionary gap may succeed; however, inflation is a likely result
a. True b. False Indicate whether the statement is true or false
Economics