When saving is less than planned investment in the aggregate expenditures model of a private closed economy then:
A. Real GDP will decrease
B. The rate of interest will decline
C. There will be a decline in the price level
D. There will be a rise in real GDP
D. There will be a rise in real GDP
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An options contract
A) confers the rights to buy or sell an underlying asset at a predetermined price by a predetermined time. B) is another name for a futures contract. C) may be written for debt instruments, but not equities. D) may be written for equities, but not for debt instruments.
Discouraged workers are
A) workers who have a part time job but want a full time job. B) workers who find their current jobs unfulfilling and are considering a job change. C) workers who have consistently been looking for work for more than 4 weeks. D) workers who have stopped looking for work because they believe there are no jobs for them.