If people increase their expected rate of interest, the speculative demand for money curve will _____ and money supply will _____
a. shift downward, remain unchanged.
b. shift upward; remain unchanged.
c. not be affected; shifts upward.
d. not be affected; not be affected.
A
Economics
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Which of the following is TRUE of the U.S. trade balance and the federal government budget?
A) In most years since the 1970s, both have been in deficit. B) In most years since the 1970s, both have been in surplus. C) The federal government budget deficit was more variable before the 1970s, but the trade deficit has been more variable since. D) Both exhibited greater variability before the 1970s than they have since.
Economics
If the firm in the above figure produces output level D, it incurs an average fixed cost of production equal to the distance
A) DK. B) RN. C) JL. D) KR.
Economics