Answer:
C. changes both the supply of and demand for loanable funds.
Explanation:
A budget deficit is when expenses exceed revenue and denotes the financial capability of a country.
In the presence of a deficit, the demand for loanable funds will increase because the government moves towards lending money. Deficits decrease the supply of loanable funds while surpluses increase the supply of loanable funds. So, both supply and demand of loanable funds are affected by budget deficit.
C. Merit-based is the correct answer (APEX)
Explanation:
The equilibrium will be higher while the quantity wii be lower for the goods
Answer:
TRUE
Explanation:
The statement is True. Economists believe that social regulation is an exception to the MB=MC rule. The social regulation is an important aspect for a company as a repsonsibility towards the society. There must be awareness among the customers about the products offered to them and advantages of its utilisation to them. This includes the efforts of the companies to advertise the product ina proper manner. It also requires the company to be fair with their customers with respect to the ingredients or the raw material to be used by the manufacturers of the products. The working conditions of the manufacturing firms must be adequate for the employees to deliver an efficient product.
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