The government of an economy must borrow money from the loanable funds market if the value of:
a. government expenditures is lower than the value of net taxes.
b. government expenditures is higher than the value of net taxes.
c. consumption expenditures is lower than the value of net taxes.
d. investment expenditures is lower than the value of savings.
b
Economics
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If the quantity of money supplied is greater than the quantity of money demanded, then the
A) price of financial assets falls. B) money supply decreases. C) nominal interest rate rises. D) nominal interest rate falls. E) price level falls.
Economics
Supply tends to be more elastic in the long run than in the short run
a. True b. False Indicate whether the statement is true or false
Economics