Use the following to answer questions
Figure: Loanable Funds Market
-(Figure: Loanable Funds Market) Refer to the figure of the loanable funds market.At an interest rate of 6% in this market,there is a _____ of loanable funds of _____.
A) shortage;$320
B) surplus;$250
C) shortage;$250
D) surplus;$320
Correct Answer:
Verified
Q83: Use the following to answer questions
Figure:
Q84: At an interest rate of 8%,borrowers' demand
Q85: If the interest rate rises from 5%
Q86: Q87: The demand to borrow function is: Q89: If the supply of loanable funds decreases,ceteris Q90: Which variable is determined in the market Q91: If the demand for loanable funds decreases,ceteris Q92: Use the following to answer questions Q93: At lower interest rates,the cost of investing
A) upward
Figure:
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