Refer to the following graph to answer the following questions: 
-Assuming the figure represents the market for loanable funds,and that point C represents $40 million and point D represents $70 million,then it would be true that
A) at interest rate A,the market is in equilibrium.
B) at interest rate A,there is a surplus of $30 million of loanable funds.
C) at interest rate A,there is a shortage of $30 million of loanable funds.
D) because there is a disequilibrium at interest rate A,interest rates must fall.
E) the interest rate represented by A must be greater than that represented by B.
Correct Answer:
Verified
Q17: Refer to the following graph to answer
Q18: Savings is the
A) demand for loanable funds
Q19: Typically,savers in the loanable funds market are
Q20: Lenders in the loanable funds market consist
Q21: You deposit $1,000 in the bank and
Q23: If you deposit money in the bank,in
Q24: Gross domestic product requires
A) inflation equal to
Q25: Two nations are located next to one
Q26: The government engages in more deficit spending.Ceteris
Q27: You are an entrepreneur about to start
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