An increase in the demand for loanable funds increases the equilibrium interest rate and increases the equilibrium level of saving

The interest rate effect operates through

A) labor supply. B) government spending levels. C) the purchasing power of individuals' checking accounts. D) credit markets by changing borrowing costs.

Using the official measure of unemployment, which of the following would NOT be counted as unemployed?

A) a person who is not working but who has tried to find a job in the past week B) a person who is waiting to be called back to a job after having been laid off C) a person who performs traditional housework and does not work outside the home for pay D) a person who is waiting to start a new job in the next 30 days