Considering the market for loanable funds as depicted in the given graph, a change that increased the quantity people want to save at any given interest rate would cause a new equilibrium at a:
A. lower interest rate and a higher equilibrium quantity of funds saved and invested.
B. higher interest rate and a higher equilibrium quantity of funds saved and invested.
C. lower interest rate and a lower equilibrium quantity of funds saved and invested.
D. higher interest rate and a lower equilibrium quantity of funds saved and invested.
A. lower interest rate and a higher equilibrium quantity of funds saved and invested.
You might also like to view...
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Classical economists believe that all markets are basically competitive and all prices are flexible
Indicate whether the statement is true or false
Which of the following is true of capital deepening?
a. It refers to an increase in the level of capital per worker in a society. b. It refers to an increase in the stock of capital in a society c. It occurs when there is a decrease in the cost of capital in a society. d. It occurs when society displaces human capital with physical capital.
When banks offer checking accounts, they are issuing a(n):
A. financial asset that cannot function as money. B. financial liability. C. financial asset that functions as money. D. IOU.