Solved

Refer to the Table Below to Answer the Following Question

question 121

Multiple Choice

Refer to the table below to answer the following question.
Table 7.3.5 Table 7.3.5 shows an economy's demand for loanable funds schedule and supply of loanable funds schedule when the government's budget is balanced.If the government budget surplus becomes $2.0 trillion, the real interest rate is percent a year, the quantity of investment is trillion, and the quantity of private saving is _ trillion.
A) 6; $7.5; $5.5 B) 8; $6.5; $6.5 C) 10; $7.5; $5.5 D) 10; $5.5; $7.5 E) 6; $7.5; $7.5
Answer: A
-The government of Greece is running a large budget deficit.With no Ricardo- Barro effect, which of the following events occurs? I.The supply curve of loanable funds shifts leftward.
II.A higher real interest rate crowds out investment.
III.Saving increases.

Describe electromagnetic induction and its applications.

Know the properties of conductive and insulative materials.

Understand critical electrical laws and definitions, such as Ohm’s law.

Understand the basic components and their functions in a vacuum power brake system.

Definitions:

Common Law Lien

A right to keep possession of property belonging to another person until a debt owed by that person is paid in full.

Statute

A written law passed by a legislative body at the federal, state, or local level.

Property Claim

A legal assertion by an individual or entity over the ownership or compensation for loss or damage to property.

Judgment Creditor

A person or entity that has been awarded a monetary judgment against a debtor by a court, giving them the right to collect the debt.