Which of the following will not occur as the result of a decrease in net taxes?
A) a shift to the left of the supply curve for loanable funds
B) decreased government saving
C) decreased household saving
D) all of the above
C
Economics
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What are inferior goods?
What will be an ideal response?
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Interest is considered a(n)
A) explicit cost when the firm pays a bank to borrow money. B) implicit cost when the firm owner uses his or her own funds to buy capital. C) return to entrepreneurship if the firm owner uses her own funds to buy capital. D) form of depreciation if the cost of borrowing increases. E) Both answers A and B are true.
Economics