In 2007, Singapore's government ran a budget surplus of $4.5 billion. The budget surplus ________ loanable funds and ________ the real interest rate
A) increased the supply of; lowered
B) decreased the demand for; lowered
C) increased the supply of; raised
D) increased the demand for; raised
A
Economics
You might also like to view...
The larger the proportion of the consumer's budget that is spent on a product, the more elastic that consumer's demand for the product will be
a. True b. False
Economics
Losers from inflation include:
a. savers and borrowers. b. landlords and the government. c. borrowers and the government. d. those on a fixed income and borrowers. e. those on a fixed income and savers.
Economics