Figure 11-2
In Figure 11-2, at what quantity would the monopolist maximize profit?
a.
A
b.
B
c.
C
d.
D
a
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Suppose you made a 5% down payment on a house on January 1, 2013, and on January 1, 2014 you decide to sell the house. If the price of your house decreased by 10%, the return on your investment in the house would be
A) -5%. B) -10%. C) -50%. D) -200%.
Assume that the central bank lowers the discount to increase the nation's monetary base. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the quantity of real loanable funds per time period and real GDP in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns to complete equilibrium
a. The quantity of real loanable funds per time period falls and real GDP falls. b. The quantity of real loanable funds per time period rises and real GDP rises. c. The quantity of real loanable funds per time period rises and real GDP remains the same. d. The quantity of real loanable funds per time period and real GDP remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.