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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 28
Use the following words to fill in the blanks in the statements below about the market for loanable funds. Choose from: demanded, supplied; left, right; higher, lower.
a. A change that makes people want to save less will shift the quantity of loanable funds ____ to the _____. The resulting new equilibrium in the market for loanable funds would be a ______ interest rate and a ______ quantity of funds saved and invested.
b. A change that makes people want to save more will shift the quantity of loanable funds ______ to the __________. The resulting new equilibrium in the market for loanable funds would be a _______ interest rate and a _________ quantity of funds saved and invested.
c. A change that makes people want to invest more will shift the quantity of loanable funds _______ to the _______. The resulting new equilibrium in the market for loanable funds would be a _______ interest rate and a _______ quantity of funds saved and invested.
d. A change that makes people want to invest less will shift the quantity of loanable funds _____ to the ______. The resulting new equilibrium in the market for loanable funds would be a _____ interest rate and a _______ quantity of funds saved and invested.
a. A change that makes people want to save less will shift the quantity of loanable funds ____ to the _____. The resulting new equilibrium in the market for loanable funds would be a ______ interest rate and a ______ quantity of funds saved and invested.
b. A change that makes people want to save more will shift the quantity of loanable funds ______ to the __________. The resulting new equilibrium in the market for loanable funds would be a _______ interest rate and a _________ quantity of funds saved and invested.
c. A change that makes people want to invest more will shift the quantity of loanable funds _______ to the _______. The resulting new equilibrium in the market for loanable funds would be a _______ interest rate and a _______ quantity of funds saved and invested.
d. A change that makes people want to invest less will shift the quantity of loanable funds _____ to the ______. The resulting new equilibrium in the market for loanable funds would be a _____ interest rate and a _______ quantity of funds saved and invested.
Explanation
Verified
Verified
a.Saving less:
In a amrket, if saving d...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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