Multiple Choice

-Exhibit Q-3 shows the market for loanable funds. If the rate of interest is 11 percent,there would be a(n)
A) excess supply of loanable funds to the market
B) excess demand for loanable funds in the market
C) shortage of loanable funds in the market
D) equilibrium in the market
E) quantity demanded of loanable funds that exceeds the quantity supplied
Correct Answer:
Verified
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