Countries tend to be classified as more or less developed based on
a. the literacy rate.
b. the poverty rate.
c. the level of income per capita.
d. the types of goods they produce.
C
Economics
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If expected profit falls, the demand for loanable funds curve shifts ________, and the real interest rate ________
A) leftward; does not change B) leftward; rises C) leftward; falls D) rightward; falls E) rightward; rises
Economics
Starting from a balanced budget, which of the following would NOT cause a deficit?
A) A decrease in taxes B) An increase in spending of goods and services C) An increase in transfer payments D) A 50 percent increase in spending accompanied by a 40 percent increase in taxes E) None of the above.
Economics