-The figure above shows the loanable funds market. At an interest rate of
A) 6 per cent, the quantity demanded of loanable funds equals $14 trillion.
B) 4 per cent, there is a surplus of loanable funds.
C) 4 per cent, the quantity supplied of loanable funds equals $18 trillion.
D) 8 per cent, there is a surplus of loanable funds.
E) 8 per cent, the quantity demanded of loanable funds exceeds the quantity supplied.
Correct Answer:
Verified
Q40: The demand for loanable funds curve shows
Q41: In 2008 the fall in the value
Q42: Q43: A decrease in people's disposable income Q44: The real interest rate is _ related Q46: Q47: When disposable income increases, saving will Q48: If expected profit falls, the demand for Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) decreases
A) decrease,
