Equilibrium in the market for loanable funds occurs:
A) at the interest rate set by the Fed.
B) at the price where quantity supplied is slightly greater than quantity demanded.
C) where the amount being borrowed equals the amount being saved.
D) where the amount being saved covers banks' required reserves.
Correct Answer:
Verified
Q35: The interest rate:
A) is the price of
Q36: In the market for loanable funds:
A) savers
Q37: The supply of loanable funds comes from:
A)
Q38: The portion of income that is not
Q39: Banks act as an intermediary between savers
Q41: After taking out a one-year loan with
Q42: John can take out a one-year loan
Q43: The principal of a loan is the:
A)
Q44: If Riko takes out a one-year loan
Q45: If Howard takes out a one-year loan
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