In Figure 10-5 above, suppose that new tougher environmental regulations require certain industries to accelerate their phase-out of some of their existing equipment and install new types that produce less pollution
Translating this into an effect on d causes a movement of the steady-state point such as from points A) A to B.
B) D to B.
C) D to C.
D) A to C.
E) D to A.
B
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In 2009 Greece's budget deficit rose and people became worried about the ability of the Greek government to continue to make payments on its debt. Which of these events raise a country's interest rates?
a. an increase in the budget deficit and increased concerns about the ability of the government to pay back its debt b. an increase in the budget deficit, but not increased concerns about the ability of the government to pay back its debt c. increased concerns about the ability of the government to pay back its debt, but not an increase in the budget deficit d. neither an increase in the budget deficit nor increased concerns about the ability of the government to pay back its debt
What takes place in the indirect finance market?
A) Part ownership of corporations is sold in the form of stocks. B) Corporate and government bonds are sold to savers. C) Deposits of savers are accepted and lent to borrowers. D) Government purchases of buildings and equipment are sold to the highest bidder.