Refer to the following graph to answer the next five questions:
-In the figure,at an interest rate of 4%:
A) the quantity demanded of loanable funds equals the quantity supplied of loanable funds, and equilibrium is reached.
B) the quantity demanded of loanable funds is greater than the quantity supplied of loanable funds, and there is a surplus of loanable funds.
C) the demand for loanable funds is greater than the supply of loanable funds, and there is a shortage of loanable funds.
D) the quantity demanded of loanable funds is greater than the quantity supplied of loanable funds, and there is a shortage of loanable funds.
E) the quantity demanded of loanable funds is less than the quantity supplied of loanable funds, and there is a shortage of loanable funds.
Correct Answer:
Verified
Q4: Typically,savers in the loanable funds market are
Q5: Refer to the following graph to answer
Q9: The concept of the loanable funds market
Q11: Refer to the following graph to answer
Q12: The government:
A) sets most interest rates.
B) is
Q13: The timeline of production would indicate:
A) supply
Q14: Borrowers in the loanable funds market consist
Q14: The notion of the loanable funds market
Q16: Savings represents
A) the demand for loanable funds.
B)
Q20: Lenders in the loanable funds market consist
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