Which of the following is not a source of loanable funds?
A. The saving of households.
B. Business saving.
C. Commercial bank lending.
D. Government budget deficits.
Answer: D
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Which of the following is true?
A) The share of government expenditure in the GDP of US has fallen over the last 80 years. B) The share of consumption expenditure in the GDP of US has increased over the last 80 years. C) The share of exports in the GDP of US has grown over the last 80 years. D) The share of exports in the GDP of US has fallen over the last 80 years.
Refer to the above figure. Mario is self-sufficient and so is Mia. Each produces 6 dishes of pasta and 4 pizzas. Mario and Mia decide to specialize and trade
After they have specialized and traded, compared to the initial situation, Mia's opportunity cost of pasta has ________ and Mario's opportunity cost of a pizza has ________. A) decreased, decreased B) decreased, increased C) increased, increased D) increased, decreased