If China's government runs a budget surplus and there is no Ricardo-Barro effect, there will be ________ in the supply of loanable funds, private saving ________ and investment ________.
A) an increase; decreases; increases
B) a decrease; increases; increases
C) an increase; increases; increases
D) a decrease; decrease; increases
Question 2
A decrease in population shifts the
A) labor demand curve rightward.
B) labor demand curve leftward.
C) labor supply curve rightward.
D) labor supply curve leftward.
First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl
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Position effect variegation of eye color in Drosophila