As defined by economists, interest is
A) only the amount earned by productive capital as a resource
B) only the amount earned by land as a resource
C) only the amount earned by lending money
D) both the amount earned by productive capital as a resource and the amount earned by lending money
E) both the amount earned by land as a resource and the amount earned by lending money
Correct Answer:
Verified
Q87: The supply of loanable funds curve is
A)upward
Q88: Interest provides an incentive for households to
Q89: Exhibit 13-8 Q90: The supply of loanable funds curve reflects Q91: Market interest rates are determined by Q93: If consumers elect to postpone consumption so Q94: In the loanable funds market, Q95: The market interest rate Q96: The loanable funds market brings together savers Q97: If the interest rate increases from 3
A)the
A)banks
B)Wall Street
C)the
A)savers are suppliers
A)typically increases from one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents