If the interest rate in the market for loanable funds is below the market-clearing rate,then:
A) individuals will become more impatient.
B) individuals will become less impatient.
C) there will be a shortage of savings,and demanders will bid the interest rate up as they compete to borrow.
D) there will be a surplus of savings,and suppliers will bid the interest rate down as they compete to lend.
Correct Answer:
Verified
Q97: If the supply of loanable funds increases,ceteris
Q98: A surplus of savings in the loanable
Q99: Use the following to answer questions
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Q100: Q101: Use the following to answer questions Q103: What economic activity did many South Korean Q104: Equilibrium in the market for loanable funds Q105: When individuals become more willing to save,the: Q106: Use the following to answer questions Q107: In the market for loanable funds:![]()
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Figure:
A) banks
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