Author Question: Transfer payments are included in the government budget deficit but not included in the government ... (Read 55 times)

james0929 · **on:** Jun 30, 2018

Transfer payments are included in the government budget deficit but not included in the government purchases component of GDP.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In the market for loanable funds, the equilibrium interest rate is determined by the intersection of:
a. the downward-sloping supply curve for loanable funds and the upward-sloping demand curve for loanable funds.
b. the upward-sloping supply curve for loanable funds and the downward-sloping demand curve for loanable funds.
c. the downward-sloping supply curve of loanable funds and the horizontal demand curve for loanable funds.
d. the downward-sloping supply curve of loanable funds and the vertical demand curve for loanable funds.
e. the upward-sloping supply curve for loanable funds and the horizontal demand curve for loanable funds.