raise Question 30 (1 point) All else being equal, if more university's offer business degrees, the supply curve for business degrees will shift to the left, thereby increasing the market price of a university degree in business supply curve for business degrees will shift to the left, thereby lowering the market price of a university degree in business supply curve for business degrees will shift to the right, thereby lowering the market price of a university degree in business supply curve for business degrees will shift to the right, thereby increasing the market price of a university degree in business24 Question 31 (1 point) Refer to the following Figure: What will happen if the current interest rate is 4 27 percent? iteres MS Rate 30 33 Money Demand 36 Quantity of Money 39 People will sell more bonds, which drives interest rates up. People will buy more bonds, which drives interest rates down. People will sell more bonds, which drives the interest rates down. People will buy more bonds, which drives interest rates up.increase, increasing Question 33 (1 point) "Crowding Out" occurs when continued government surpluses increase interest rates, thereby increasing private investment continued government deficits increase interest rates, thereby decreasing private investment continued government surpluses decrease interest rates, thereby decreasing private investment continued government deficits increase interest rates, thereby increasing private investment Question 34 (1 point)Question 34 (1 point) LalaLand and MagicLand are two countries, both of which increase their capital stock by one unit. Output in LalaLand increases by 10 while output in MagicLand increases by 8. Other things the same, diminishing returns implies that LalaLand is richer than MagicLand. If LalaLand adds another unit of capital, output will increase by more than 10 units. poorer than MagicLand . If LalaLand adds another unit of capital, output will increase by more than 10 units. richer than MagicLand. If LalaLand adds another unit of capital, output will increase by less than 10 units poorer than MagicLand. If LalaLand adds another unit of capital, output will increase by less than 10 units.Question 35 (1 point) If the MPC is 0.6, the MPI is 0.2, and the government increases spending by $50 million, what will be the demand for goods and services generated by this increase? $250 million $125 million $30 million $40 million24 Question 32 (1 point) Use the following figure to answer question: 27 (a) Interest (b) rate, r MS, MS2 Interest rate, r S1 . . . . 30 MD X 33 Quantity of Quantity of money, M loanable funds Refer to Figure: Short-Run Determination of the Interest Rate. If the money supply is at MS, and the Bank of 36 Canada conducts expansionary monetary policy, in the short run the interest rate drops to r2. In the long run prices will thereby the demand for money. 39 decrease, decreasing increase, decreasing decrease, increasing increase, increasing