As a Result of More Favorable Economic Conditions, There Is

question 42

Multiple Choice

As a result of more favorable economic conditions, there is a(n) ____ demand for loanable funds, causing an ____ shift in the demand curve.

• A)decreased; inward
• B)decreased; outward
• C)increased; outward
• D)increased; inward

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Definitions:

Overtime Rules

Regulations that govern how employees are to be compensated for work performed beyond their standard working hours.

Exempt Employees

Workers who are excluded from the minimum wage and overtime pay requirements of the Fair Labor Standards Act, typically due to their job duties and salary level.

Consolidated Omnibus Budget Reconciliation Act

A U.S. federal law that provides for the continuation of group health coverage that otherwise might be terminated.

Medical Benefits

Health-related services and support covered by health insurance plans or provided through government programs.