21) If government purchases are $400 million, taxes are $700 million, and transfers are $200 million, which of the following is true?

A) Public saving is $500 million.

B) The budget deficit is $100 million.

C) The budget deficit is $500 million.

D) Public saving is $100 million.

22) Which of the following will increase investment spending in the economy, holding everything else constant?

A) an increase in the federal government surplus

B) an increase in the budget deficit

C) an increase in consumer dissavings

D) an increase in transfer payments

23) Borrowers are ________ of loanable funds, and lenders are ________ of loanable funds.

A) demanders; suppliers

B) suppliers; demanders

C) suppliers; suppliers

D) demanders; demanders

24) The demand for loanable funds is downward sloping because the ________ the interest rate, the ________ the number of profitable investment projects a firm can undertake, and the ________ the quantity demanded of loanable funds.

A) lower; greater; greater

B) lower; smaller; greater

C) greater; greater; greater

D) greater; smaller; greater

25) If Ebenezer Scrooge spends rather than saves his vast wealth, he will

A) slow economic growth because he is reducing the amount of funds available for investment.

B) slow economic growth because he is increasing the amount of funds available for investment.

C) promote economic growth because he is increasing the amount of funds available for investment.

D) promote economic growth because he is decreasing the amount of funds available for investment.

26) A government budget surplus from reduced government spending (no change in net taxes) will ________ the level of investment in the economy and ________ the level of saving (private plus public) in the economy.

A) increase; decrease

B) increase; increase

C) decrease; increase

D) decrease; decrease

27) If consumers decide to be more frugal and save more out of their income, then this will cause

A) a shift in the supply curve for loanable funds to the right.

B) a shift in the supply curve for loanable funds to the left.

C) a movement to the right along the supply curve for loanable funds.

D) a movement to the left along the supply curve for loanable funds.

28) An increase in the demand for loanable funds will occur if there is

A) an increase in the real interest rate.

B) a decrease in the real interest rate.

C) an increase in expected profits from firm investment projects.

D) an increase in the nominal interest rate accompanied by an equal increase in inflation.

29) Which of the following would you expect to increase the equilibrium interest rate?

A) an increase in the percentage of income after net taxes that households save

B) an increase in the budget deficit

C) a decrease in the profitability of investment projects firms are considering

D) a change from an income tax to a consumption tax

21) If government purchases are $400 million, taxes are $700 million, and transfers are $200 million, which of the following is true?

A) Public saving is $500 million.

B) The budget deficit is $100 million.

C) The budget deficit is $500 million.

D) Public saving is $100 million.

22) Which of the following will increase investment spending in the economy, holding everything else constant?

A) an increase in the federal government surplus

B) an increase in the budget deficit

C) an increase in consumer dissavings

D) an increase in transfer payments

23) Borrowers are ________ of loanable funds, and lenders are ________ of loanable funds.

A) demanders; suppliers

B) suppliers; demanders

C) suppliers; suppliers

D) demanders; demanders

24) The demand for loanable funds is downward sloping because the ________ the interest rate, the ________ the number of profitable investment projects a firm can undertake, and the ________ the quantity demanded of loanable funds.

A) lower; greater; greater

B) lower; smaller; greater

C) greater; greater; greater

D) greater; smaller; greater

25) If Ebenezer Scrooge spends rather than saves his vast wealth, he will

A) slow economic growth because he is reducing the amount of funds available for investment.

B) slow economic growth because he is increasing the amount of funds available for investment.

C) promote economic growth because he is increasing the amount of funds available for investment.

D) promote economic growth because he is decreasing the amount of funds available for investment.

26) A government budget surplus from reduced government spending (no change in net taxes) will ________ the level of investment in the economy and ________ the level of saving (private plus public) in the economy.

A) increase; decrease

B) increase; increase

C) decrease; increase

D) decrease; decrease

27) If consumers decide to be more frugal and save more out of their income, then this will cause

A) a shift in the supply curve for loanable funds to the right.

B) a shift in the supply curve for loanable funds to the left.

C) a movement to the right along the supply curve for loanable funds.

D) a movement to the left along the supply curve for loanable funds.

28) An increase in the demand for loanable funds will occur if there is

A) an increase in the real interest rate.

B) a decrease in the real interest rate.

C) an increase in expected profits from firm investment projects.

D) an increase in the nominal interest rate accompanied by an equal increase in inflation.

29) Which of the following would you expect to increase the equilibrium interest rate?

A) an increase in the percentage of income after net taxes that households save

B) an increase in the budget deficit

C) a decrease in the profitability of investment projects firms are considering

D) a change from an income tax to a consumption tax

101. The crew of the Starship Enterprise became addicted to a type of video game because the pleasure center in their brains was stimulated each time they scored. They eventually played the game nearly constantly and experienced a pleasurable emotion without having to interpret a physiological reaction or think about the situational cause of their emotion. This is most supportive of which theory of emotion? 
A. Arousal theory
B. Cannon's theory
C. James's theory
D. The Schachter-Singer theory

102. In the year 2999, Bert is alive, but he is only a brain connected to a “life machine.” Because Bert has no body, he does not experience physiological responses such as changes in heartbeat, perspiration, or breathing. Yet Bert still experiences the full range of emotions. The theory of emotion that best explains how Bert can experience these emotions is _____ theory. 
A. the Schachter-Singer
B. the opponent-process
C. James's peripheral
D. Cannon's central

103. Lynette has made it to the final round of a tennis tournament. While watching a match between two other players, she attributes her racing heart and rapid breathing to excitement. The next night, just before her own match, she attributes her racing heart and rapid breathing to nervousness. Which theory of emotion best explains this situation? 
A. Arousal theory
B. James's theory
C. Cannon's theory
D. the Schachter-Singer theory

104. When Brian hears his lottery numbers announced on TV, he screams, and his heart races. The fact that Brian does not think he is afraid, even though “fright” might also be displayed by screaming and a racing heart, is best explained by _____ theory. 
A. James's peripheral
B. the Schachter-Singer
C. Cannon's central
D. the facial feedback

105. Levi drinks three cups of coffee. Then, as he walks to his first job interview, he feels his heart racing. Levi believes that his racing heart is due to the caffeine in the coffee, and so he stays relatively calm as he begins the interview. Levi's lack of nervousness is best explained by _____ theory of emotion. 
A. James's peripheral
B. the Schachter-Singer
C. Cannon's central
D. the opponent-process

106. Before Vanilla Ice's first performance on his comeback tour, he notices that his stomach is uneasy. Rather than attribute his stomach problems to performance anxiety, Vanilla attributes the uneasiness to the burrito he ate for lunch. According to _____ theory of emotion, attributing the stomach problems to the burrito should reduce the intensity of his emotional experience. 
A. James's peripheral
B. Cannon's central
C. the Schachter-Singer
D. the Ekman-Darwin

107. Laura got very upset at work today because of an argument she had with her boss. By the time she got home, she did not think she was upset anymore. However, when her partner complained that Laura forgot to buy bread, Laura went into a rage. Laura's reaction is best explained by 
A. James's peripheral theory of emotion.
B. cognitive dissonance theory.
C. Cannon's central theory of emotion.
D. excitation-transfer theory.

108. Viktor has just been rudely pushed by a stranger. Consistent with the Schachter-Singer theory of emotion, Viktor would be most angered by the stranger if he had recently finished 
A. eating.
B. sleeping.
C. meditating.
D. running.

109. Excitation transfer would make which of the following people most likely to find each other attractive? 
A. Two classmates who have sat next to each other all semester
B. Two people who have been friends for years
C. Two people who meet just before entering a library
D. Two individuals who meet a few minutes after they stop dancing

110. Chicken Little was afraid the sky was falling, so he warned everyone about it. Henny Penny explained that Chicken Little's emotional experience (fear) was a result of his thinking that an event (the sky falling) would negatively affect his well-being. Henny Penny most likely agrees with _____ theory of emotion. 
A. Cannon's central
B. James's peripheral
C. the Schachter-Singer
D. Lazarus's cognitive appraisal

They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.

Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.

The work has not been graded but I like the output that was submitted to me. Is it possible for the same prof to do the next assignment I will be submitting? If possible, I will greatly appreciate it.

My third using this writer and absolutely amazing work! Very punctual and very understanding.

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

I absolutely love this writer! He/she always cranks out a fabulous paper and follows the assignment guidelines/instructions perfectly. Thanks again for always providing such quality work!!!

It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.

Outstanding work! This writer followed every instruction and my paper came back with an A! I recommend to anyone needing help! Thank you again ❤️

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

Made 100% on both the outline and the paper. Quick turnaround time and my writer responded within 30 min or less. Any edits my instructor needed, my writer was patient and worked diligently to accomplish the task. Would recommend my writer to anyone!

You are making my life so much easier! I am a single mom that works and goes to school. You guys are helping me with my projects so I can have more free time with my son.

I was sure it can fit in a single page but the next time I will add one more page because I am impressed with your professionalism and quality. Will use many more times till I graduate.

Simple registration and quality services. I just ordered one paper, and it was good enough to pass the exam. That is what I need the most. Good job.

I couldn’t finish my freaking essay, and I was very desperate. A friend of mine sent me a link, and that is how I found out about you guys. Thank you for professional tips and editing. Now, I understand how to write it properly.

I’m so grateful to you since you managed to complete my term paper in one day! You are definitely the best company ever!

I am sure on your ability to provide any type of paper I will order. I wish I could develop that skill your writers have to be able to have a flow of ideas and excellent sequencing of thoughts in writing.

I ordered a thesis paper and was satisfied. All the guys were polite and highly professional, even when I wrote to them several times per day. Thanks for your passion!

I turned to the service twice, and my papers always were beyond the expectations. To tell the truth, I was ready to find some grammar errors or something like that. However, everything was neat and tidy.

My friend recommended Doctor My Essay to me. It is convenient! Now we both turn to the service periodically coz wanna save some time and use it more effectively. I know that while I’m developing my startup, an expert is working on paper. Time management in work!

I write all paper works by myself but have some problems with literacy. Actually, I have enormous problems because English is not my native language. However, with proofreading from Doctor My Essay, I can relax and don’t be ashamed of mistakes.

Your ability to write concisely is a finding. The paper has a solid argument. It’s clear that the writer understood central claim about the topic. He also presented original ideas to consider.

That paper got the highest grade in my class and the professor thinks I’m the smartest student. Lol.

I was convinced that paper writing services are the fiction for naive students. But when it came to my research paper that was to be composed in 72 hours, I had no other options. I made the right choice when I ordered it from you!

I was also satisfied with the service. Usually, I write everything by myself, but this time ( I have no idea how it happens!) I missed the deadline. My writer was very responsible, wrote the essay quickly, and kept the instructions. Nice to know that such experts exist!

It is really affordable! The prices start from 9$, which is an excellent proposal on the market. Recently I worked with another service that took much more money and provided lower quality papers.

I am absolutely satisfied. I am first timer here. Revision was made quickly, and the author met my expectations. Thanks a lot. Paper is phenomenal.

Having heard a lot of negative reviews about such services, I was a bit skeptical. However, our cooperation with Doctor My Essay was without pitfalls. I made two comments about the final work, and they re-wrote some parts very promptly. I am satisfied and will turn to them in the future.

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

I understand that buying essays is a doubtful thing. You don’t put effort, don’t represent your ideas… However, I don’t perceive Doctor My Essay as a standard service. They don’t sell papers. They share high expertise!

According to my previous experience, this service is really the best. They support the client and have competitive writers. I give them a perfect score!

Nice service! It is cool that you can use the calculator on the main page and understand the price policy. For me, it is a huge plus!

Thanks to God I found this service! If I didn’t send my research to the teacher on time, he would eat me. I tell you! However, with doctor my essay service, I met the deadline, and I am still alive.

Your service is excellent! Convenient and not expensive. Thanks for that!

If you have problems with time management, just like me, you need to cooperate with Doctor My Essay. Once you registered and made the order, you understand how easier it makes your life! Everything is online: ordering, communication… You can control the process everywhere and be sure that an expert will provide a high-level paper.