((Chapter 8)) Economic Growth, the Financial, and Business Cycles
WHich of the following choices is correct
Recessions were more severe and lasted longer in the first half
Holding all else constant, a federal government budget deficit will
decrease the supply of loanable funds and increase the equilibrium real interest rate
Business demand loanable funds because
firms need to borrow funds for new projects.....
The two factors that cause labor productivity to increase over time are
the quantity of capital per hour worked and the level of technology
which of the following factors determines the supply of loanable funds?
the willingness of households and governments to save
What is the best use of the rule of 70 among those listed below
to judge how rapidly real GDP per capita is growing over long time periods
Households supply loanable funds because the
interest income received from the borrowers
The computation of the average annual growth rate of real GDP
is more complex when examining data for a long period of time that when examining data for only a few years
following reasons except
people have become more rational and control their spending behavior countercyclical
Which is not a loanable fund
real estate
The financial system-either financial markets or financial intermediaries- provides savers and borrowers will all EXCEPT
security to savers by warranting that their funds are fully insured against loss
Potential GDP is
sometimes greater, sometimes less, and sometimes equal to actual real GDP
which of the following equals the amount of public saving
Government tax revenue minus the sum of government purchases and transfer payments to households