
-The figure above shows the loanable funds market. At an interest rate of
A) 4 percent there is a surplus of loanable funds.
B) 4 percent there is a shortage of loanable funds.
C) 8 percent the quantity of loanable funds supplied is $14 trillion.
D) 8 percent the quantity demanded of loanable funds is $18 trillion.
E) 6 percent savers will exit the market because the reward to saving is too low.
Correct Answer:
Verified
Q147: Q148: A decrease in expected profit Q149: At the current interest rate, the quantity Q150: If a surplus of loanable funds exists Q151: In the loanable funds market, if the Q153: Q154: Suppose firms become more optimistic about the Q155: Other things remaining the same, a _ 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![]()
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