Which of the following statements is false?
A) The quantity supplied of loanable funds and the interest rate are inversely related.
B) The supply curve of loanable funds is upward sloping.
C) One of the reasons the federal government demands loanable funds is that it needs to finance budget deficits.
D) Savers are people who consume less than their current income.
Correct Answer:
Verified
Q21: If you have a low rate of
Q22: Roundabout methods of production are said to
Q23: Which of the following statements is true?
A)All
Q24: The supply of loanable funds depends most
Q25: Loanable funds are
A)another term for capital.
B)a particular
Q27: If the interest rate increases, then
A)households will
Q28: The people most likely to save are
Q29: As the interest rate falls,
A)the quantity demanded
Q30: The supply curve of loanable funds is
Q31: As the interest rate (price for loanable
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