According to liquidity preference theory, as real income increases, so does ________
A) the supply of real money balances
B) the demand for real money balances
C) the real interest rate
D) all of the above
E) none of the above
B
Economics
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Which of the following decreases the demand for loanable funds and shifts the demand for loanable funds curve leftward?
A) The real interest rate rises. B) The economy experiences a recession. C) Wealth decreases. D) Technology that increases productivity is introduced. E) An economy experiences a rapid increase in population.
Economics
The definition of the adult population is those who are 16 years and older and who are
A) employed or unemployed. B) in the labor force. C) in the labor force or not in the labor force. D) not in the labor force.
Economics