The higher the real interest rate, the ________ investment projects firms can profitably undertake, and the ________ the quantity of loanable funds they will demand
A) more; smaller
B) more; greater
C) fewer; greater
D) fewer; smaller
D
Economics
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The price effect is the effect of a ________ on the quantity of the good ________
A) decrease in the price; demanded B) change in the price; supplied C) change in price and income; consumed D) change in the price; consumed
Economics
By 1860, over one-half of all Southern farms utilized slave labor
Indicate whether the statement is true or false
Economics