If, at a given interest rate, the quantity of savings supplied is less than the quantity of investment demanded, what can we conclude? A) B) C) D) There is a shortage of savings and real interest rates will fall. There is a surplus of savings and real interest rates will fall. There is a surplus of savings and real interest rates will rise. There is a shortage of savings and real interest rates will rise.
If, at a given interest rate, the quantity of savings supplied is less than the quantity of investment demanded, what can we conclude? A) B) C) D) There is a shortage of savings and real interest rates will fall. There is a surplus of savings and real interest rates will fall. There is a surplus of savings and real interest rates will rise. There is a shortage of savings and real interest rates will rise.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:If, at a given interest rate, the quantity of savings supplied is less than the quantity of investment
demanded, what can we conclude?
A)
B)
C)
D)
There is a shortage of savings and real interest rates will fall.
There is a surplus of savings and real interest rates will fall.
There is a surplus of savings and real interest rates will rise.
There is a shortage of savings and real interest rates will rise.
Show Transcribed Text
Which of the following does NOT occur in an economy experiencing full employment?
underemployment
A)
B) structural unemployment
C)
cyclical unemployment
D)
frictional unemployment
S
Show Transcribed Text
If professors lose their positions at universities because of the widespread introduction of courses over the
Internet, what would faculty members that remained unemployed be considered?
underemployed structurally
A)
B) unemployed frictionally
C) unemployed cyclically
D)
unemployed.
S
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