If the supply of loanable funds shifts to the right, then the equilibrium interest rate
a. and quantity of loanable funds rises.
b. and quantity of loanable funds falls.
c. rises and the quantity of loanable funds falls.
d. falls and the quantity of loanable funds rises.
d
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The amount of revenues that sellers actually receive over and above the minimum acceptable amount that they are willing to receive for selling a product is called
A. production costs. B. producers' supply. C. consumer surplus. D. producer surplus.
When marginal cost is greater than marginal revenue, the monopolist can increase its profit or minimize its loss by
A. expanding output. B. reducing output. C. lowering price. D. producing where price = ATC.
A firm's demand curve for labor services:
A. will not change if technology changes. B. is not related to the price of the firm's output. C. depends on the amount of other inputs used by the firm. D. is independent of the demand for the firm's output.
Trade adjustment assistance provides special unemployment benefits, loans, retraining programs, and other aid to workers and firms that are harmed by foreign competition.
Answer the following statement true (T) or false (F)