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Author Question: A fall in the rate of people's time preference in general tends to A) increase interest rates. ... (Read 94 times)

leo leo

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on: Jun 29, 2018
A fall in the rate of people's time preference in general tends to
 
  A) increase interest rates.
  B) decrease interest rates.
  C) have no effect on interest rates.
  D) have no effect at all in the market for credit.

Question 2

A price ceiling does NOT lead to a deadweight loss if ________.
 
  A) the equilibrium market price lies below the price ceiling
  B) the equilibrium market price lies above the price ceiling
  C) the price elasticity of market demand is greater than 1
  D) the price elasticity of market supply is greater than 1


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cloudre37

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

B

Answer to Question 2

A


leo leo

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Reply #2 on: Jun 29, 2018
Correct answers!


cloudre37

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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