29 A decrease in the government's budget deficit will a. Oincrease the supply of loanable funds, lower the Interest rate, and increase investment spending b. Oreduce the supply of loanable funds, raise the interest rate, and reduce investment c. Oincrease the demand for loanable funds, raise the interest rate, and reduce investment spending d. Oreduce the demand for loanable funds, lower the interest rate, and increase investment spending e. Oincrease the supply of loanable funds, reduce the demand for loanable funds, leave the interest rate unchanged, and increase investment spending 30. Human capital is defined as a. Othe skills and knowledge possessed by workers b. Othe tools used by labor c. Oequipment and machinery used to train workers d. Obuildings purchased by households rather than by businesses e. Oequipment and machinery used to aid household production and increase available leisure time 31. An increase in human capital would lead to a. Oa decrease in the standard of living b. Oan upward shift of the production function c. Oa decrease in productivity d. Ocutbacks in government skill-training programs e. Oa decrease of the capital stock