When we add together all the individual firm's demands for loanable funds, we get the
a. equilibrium interest rate
b. total number of machines purchased
c. market demand for loanable funds
d. price paid for additional capital
e. marginal factor cost curve
C
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Refer to the scenario above. The principal in this case is ________
A) $10 B) $300 C) $3,000 D) $3,300
Bob plans to spend $60 per month on DVD movie rentals and CDs. The price of a movie rental is $3 and the price of a CD is $15. If Bob rents 5 DVDs per month, how many CDs can he buy?
A) 1 B) 2 C) 3 D) 4
It is relatively easy for a firm to enter a perfectly competitive market.
Answer the following statement true (T) or false (F)
Modern hedge funds typically make investments that involve
A) hedging. B) speculating. C) acquiring safe, short-term assets. D) focus on stocks instead of bonds.