Factors that cause an increase in the demand for credit at a given real interest rate cause:
A) the credit demand curve to shift to the left.
B) an upward movement along the credit demand curve.
C) a downward movement along the credit demand curve.
D) the credit demand curve to shift to the right.
D
You might also like to view...
A monopolistically competitive firm is operating at a short-run level of output where price is $21, average total cost is $15, marginal cost is $13, and marginal revenue is $13. In the short run this firm should
A. increase the level of output. B. decrease the level of output. C. make no change in the level of output. D. reduce product price.
Suppose you have $400 to invest at a nominal interest rate of 7 percent, and the investment's term to maturity is 1 year. If the inflation rate is 2 percent, then the real return on your investment is approximately
A) $8. B) $20. C) $28. D) $36.
What is scarcity, and why is it a fundamental concept in economics?
What will be an ideal response?
How much savings when disposable income is $25 billion?
