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Author Question: In the loanable funds market, an increase in wealth shifts the ________ loanable funds curve ... (Read 253 times)

geodog55

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on: Jun 29, 2018
In the loanable funds market, an increase in wealth shifts the ________ loanable funds curve ________.
 
  A) supply of; rightward
  B) supply of; leftward
  C) demand for; rightward
  D) demand for; leftward

Question 2

The tables above show the labor market and the production function schedule for the country of Pickett. An increase in population changes the labor supply by 20 billion hours at each real wage rate. Potential GDP ________.
 
  A) does not change
  B) decreases to 3 trillion
  C) increases to 50 trillion
  D) increases to 18 trillion


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raili21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


geodog55

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

olderstudent

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Reply 3 on: Yesterday
Excellent

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