What does the slope of the credit demand curve imply? When do movements along a credit demand curve occur?
What will be an ideal response?
The slope of the credit demand curve is negative and it implies an inverse relationship between the real rate of interest and the quantity of credit demanded. This means that as the real interest rate increases, the quantity of credit demanded decreases.
Movements along a credit demand curve occur when, everything else remaining unchanged, there is a change in the real interest rate.
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Using the Keynesian model, the effect of a government-imposed ceiling on interest rates paid on personal checking accounts that is lower than the current market interest rate would be to cause ________ in the real interest rate and ________ in output
in the short run. A) a decrease; a decrease B) a decrease; no change C) a decrease; an increase D) an increase; a decrease
_____________ are the glue that holds any business together, refers to a series of events or activities that take place in a specific time and space, also applies to families with shared commitment over time
a. Metro neighbors b. Value chains c. Traditional tasks d. Triad aims
"Oligopoly is the only market structure in which rivalry among firms takes place." Do you agree or disagree? Why?
What will be an ideal response?
Over the past several decades in the United States, the labor-force participation rate of women has increased and the labor-force participation rate of men had decreased
a. True b. False Indicate whether the statement is true or false