Author Question: The creation of the European Union is an example of Hayek's: a. Human action b. Human design c. ... (Read 97 times)

Evvie72

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The creation of the European Union is an example of Hayek's:
 a. Human action
  b. Human design
  c. Spontaneous disorder
  d. None of the above

Question 2

If supply is upward-sloping and demand is downward sloping, what happens to the equilibrium real risk-free interest rate and quantity of real loanable funds per time period if there is a decrease in real money supply:
 a. The real risk-free interest rate rises and the quantity per time period falls.
  b. The real risk-free interest rate rises and the quantity per time period rises.
  c. The real risk-free interest rate rises and the quantity per time period does not change.
  d. The real risk-free interest rate is uncertain and the quantity per time period is uncertain.
  e. The real risk-free interest rate falls and the quantity per time period falls.



jliusyl

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Answer to Question 1

B

Answer to Question 2

.A



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