Multiple Choice
Which of the following is TRUE?
I. As the real interest rate increases, people increase the quantity they save.
II. The supply of loanable funds curve is downward sloping.
III. As disposable income increases, the supply of loanable funds curve becomes steeper.
A) I and III
B) II and III
C) I only
D) III only
Correct Answer:
Verified
Correct Answer:
Verified
Q52: If households' disposable income decreases, then<br>A) households'
Q53: People know that the inflation rate will
Q54: If the nominal interest rate is 8
Q55: All of the following are sources of
Q56: In January 2017, Tim's Gyms, Inc. owned
Q58: A nation's investment must be financed by<br>A)
Q59: Facebook sold shares of stock for the
Q60: As the _ interest rate increases, the
Q61: A fall in the real interest rate<br>A)
Q62: At the beginning of the year, Tom's