Which of the following are the most likely short-run effects of an increase in government expenditures?
A) Increase/Increase/Increase
B) Increase/Increase/Decrease
C) Decrease/Increase/Increase
D) Decrease/Decrease/Increase
E) No change/Decrease/Increase
Ans: C) Decrease/Increase/Increase
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Higher ________ in Canada than in the United States help(s) explain why ________ unemployment is higher in Canada than in the United States
A) prices; frictional B) unemployment benefits; structural C) unemployment benefits; frictional D) investment; structural E) prices; structural
The demand for loanable funds curve shows the
A) positive relationship between the interest rate and the quantity of loanable funds demanded. B) positive relationship between the demand for loanable funds curve and the supply of loanable funds curve. C) U-shaped relationship between the interest rate and the quantity of loanable funds demanded. D) negative relationship between the interest rate and the quantity of loanable funds demanded. E) negative relationship between the demand for loanable funds curve and the supply of loanable funds curve.