If there is a surplus of loanable funds, the quantity demanded is
a. greater than the quantity supplied and the interest rate will rise.
b. greater than the quantity supplied and the interest rate will fall.
c. less than the quantity supplied and the interest rate will rise.
d. less than the quantity supplied and the interest rate will fall.
d
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High inflation makes money ________ because ________
A) function better as a store of value; it leads to a more accurate allocation of resources B) function less well as a store of value; the money loses value and therefore has less purchasing power C) function better as a store of value; the money gains value and therefore has greater purchasing power D) function better as a unit of account; money never loses value but it does gain purchasing power in some regions E) function less well as a store of value; it decreases the price level and increases the buying power of money
In recent years, the largest trading partners of the United States have been
a. Germany, France, Spain, and the United Kingdom. b. Canada, Mexico, China, and Japan. c. Canada, Brazil, Argentina, and Chile. d. Russia, Venezuela, Saudi Arabia, and Indonesia.