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Author Question: A debtor's quantity of credit demanded and the rate of interest are likely to be: A) positively ... (Read 150 times)

nramada

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on: Jun 30, 2018
A debtor's quantity of credit demanded and the rate of interest are likely to be:
 
  A) positively correlated.
  B) unrelated.
  C) negatively correlated.
  D) positively related if the rate of interest is below 10 and negatively related if it is above 10.

Question 2

A federal deficit of 300 billion means that
 
  A) the government plans on collecting 300 billion in taxes this year.
  B) the government has a total debt of 300 billion.
  C) the government is spending 300 billion a year more than it is collecting in taxes.
  D) government spending is 300 billion a year.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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efwsefaw

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


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