Solved

The Following Figure Plots Real Interest Rate Against Quantity of Credit

Question 52

Multiple Choice

The following figure plots real interest rate against quantity of credit.
The following figure plots real interest rate against quantity of credit.    -Refer to the figure above.Without a credit market such as that pictured,________. A)  it would be less risky to save B)  resources would be allocated more efficiently C)  resources would be allocated less efficiently D)  it would be more risky to save
-Refer to the figure above.Without a credit market such as that pictured,________.


A) it would be less risky to save
B) resources would be allocated more efficiently
C) resources would be allocated less efficiently
D) it would be more risky to save

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions