Which of the following is generally true when Gross Domestic Product (GDP) rises?
A) the demand for loanable funds increases
B) people are more willing and able to borrow more
C) the demand for loanable funds decreases
D) Both a and b are correct.
Correct Answer:
Verified
Q13: As market interest rates fall, what happens
Q14: As market interest rates rise, what happens
Q15: A/An_ relationship exists between the price of
Q16: The demand for loanable funds comes from
A)household,
Q17: The supply of loanable funds originates from
A)an
Q19: When GDP rises, ceteris paribus, firms and
Q20: In general, when income falls, the willingness
Q21: In general, when income rises, the willingness
Q22: What happens when the quantity of funds
Q23: What happens when the quantity of funds
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