Multiple Choice
When the rate of interest (or price of capital) decreases, the
A) quantity demanded of loanable funds by the firm will decrease
B) quantity demanded of loanable funds by the firm will increase
C) firm's MRP of capital increases
D) firm's MPP of capital increases
E) firm's MRP of capital decreases
Correct Answer:
Verified
Correct Answer:
Verified
Q40: A factor of production with unique attributes
Q41: For providing their resources to firms, workers,
Q42: When the rate of interest (or price
Q43: In a perfectly competitive capital market, when
Q44: A government-imposed price floor in the tobacco
Q46: Suppose Frank quits his $25,000 a year
Q47: A violinist will take no less than
Q48: When Jim adds $1,000 worth of farm
Q49: Among the following people, who earns a
Q50: In lesser-developed countries (LDCs), interest rates are