Which of the following will happen if there is a fall in the supply of credit in an economy without any change in the demand for credit?
A) The real output will fall. B) The labor demand in the economy will increase.
C) Its consumption expenditure will increase. D) The real interest rate will fall.
Question 2
When demand increases and the demand curve shifts to the right, equilibrium price ________ and equilibrium quantity ________.
A) increases; increases B) decreases; decreases
C) decreases; increases D) increases; decreases
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Fall assessment tool
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
The original Supply and Demand graph
Consider a two-period economy with no investment opportunities: first and second period output ...