The equilibrium in the market for loanable funds is:
A) where savings and investment are equal.
B) at the price at which the quantity supplied and the quantity demanded are equal.
C) where the amount being borrowed and the amount being saved is the same.
D) All of these are true.
Correct Answer:
Verified
Q24: Borrowing is like:
A) selling the right to
Q28: The price of borrowing is known as
Q29: If the rate of return is higher
Q30: If Jen takes out a $2,000 loan
Q30: The demand for loanable funds comes from:
A)investment.
B)savings.
C)the
Q31: Saving is like:
A) selling the right to
Q35: The interest rate:
A) is the price of
Q35: If the rate of return is lower
Q37: The rate of return describes the:
A)expected profit
Q39: If Howard takes out a $400 loan
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