If there is excess demand in the loan able fund market?
A. Interest rates are above equilibrium
B. Interest rates are below equilibrium
C. Can be expected to rise
D. A & C
E. B & C
E. B & C
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When law-makers impose ceilings on the amount of annual interest charged by lenders, their actions have the effect of
A) excluding certain borrowers from the legally regulated credit market. B) expanding retail sales. C) increasing the number of loans made. D) lowering interest rates for most borrowers. E) redistributing income from creditors to debtors.
Article 102 of the Treaty on the Functioning of the European Union (TFEU) prohibits a dominant firm from doing all of the following except which one?
A) charging an unfair price B) price fixing C) making tying contracts or exclusive deals D) buying at a price that is unfairly low
See Scenario 4.1. What quantity Qc will maximize Daniel's utility given the information above?
A) 0 B) 24 C) 40 D) 60 E) none of the above
If the marginal propensity to consume (MPC) is 0.75, and if policy makers wish to increase real GDP by $300 million, then by how much would they have to change taxes?
a. -$300 million. b. -$200 million. c. -$100 million. d. -$50 million.