Solved

If the Interest Rate on the Loanable Funds Market Is

Question 77

Multiple Choice

If the interest rate on the loanable funds market is above its equilibrium level,


A) the equilibrium rate will rise
B) people will want to borrow more funds than are available
C) the supply curve of loanable funds will shift to the left
D) there is an excess supply of loanable funds
E) this is an excess demand for loanable funds

Correct Answer:

verifed

Verified

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

Related Questions

Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-4,

Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-1,

Q74: Money that a firm uses to buy

Q75: Use the concept of location rent to

Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-2,

Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-2,

Q79: Rent is what entrepreneurs earn, but it

Q80: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-7,

Q81: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit Q-4,

Q82: Farm programs that guarantee a price higher