Solved

Refer to the Following Graph to Answer the Following Questions

Question 1

Multiple Choice

Refer to the following graph to answer the following questions: Refer to the following graph to answer the following questions:   -In the figure,at an interest rate of 5 percent,the A)  quantity demanded of loanable funds equals the quantity supplied of loanable funds,and equilibrium is reached. B)  quantity demanded of loanable funds is greater than the quantity supplied of loanable funds,and there is a surplus of loanable funds. C)  demand for loanable funds is greater than the supply of loanable funds,and there is a shortage of loanable funds. D)  quantity demanded of loanable funds is greater than the quantity supplied of loanable funds,and there is a shortage of loanable funds. E)  quantity demanded of loanable funds is less than the quantity supplied of loanable funds,and there is a surplus of loanable funds.
-In the figure,at an interest rate of 5 percent,the


A) quantity demanded of loanable funds equals the quantity supplied of loanable funds,and equilibrium is reached.
B) quantity demanded of loanable funds is greater than the quantity supplied of loanable funds,and there is a surplus of loanable funds.
C) demand for loanable funds is greater than the supply of loanable funds,and there is a shortage of loanable funds.
D) quantity demanded of loanable funds is greater than the quantity supplied of loanable funds,and there is a shortage of loanable funds.
E) quantity demanded of loanable funds is less than the quantity supplied of loanable funds,and there is a surplus of loanable funds.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents