Figure 13-1 -Refer to Figure 13-1. in the Figure Shown, If the Shown

question 69

Multiple Choice

Figure 13-1
-Refer to Figure 13-1. In the figure shown, if the world real interest rate went from 7 to 6 percent, what changes would occur?

• A) There would be an increase in net capital outflow.
• B) The demand for loanable funds curve to shift right.
• C) The supply for loanable funds curve to shift left.
• D) There would be a decrease in net capital outflow.

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Definitions:

Reinventing Government

A movement or approach aimed at improving governmental efficiency, innovation, and responsiveness to citizens' needs through strategies such as privatization, decentralization, and technology use.

Cost-benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options that provide the best approach to achieve benefits while preserving savings.

Mission

A statement or vision that defines the fundamental purpose or goal of an organization or individual.

Administrative Adjudication

The process by which a governmental or administrative agency resolves disputes or makes decisions in its field of competence, often through hearings.