The intersection of the demand for loanable funds and the supply of loanable funds determines the

A. Par value.
B. Real interest rate.
C. Prevailing interest rate.
D. Price รท earnings ratio.


Answer: C

Economics

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Since 1960, per capita real GDP in the United States has nearly tripled.

Answer the following statement true (T) or false (F)

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Explain the difference between the marginal rate of substitution and the marginal rate of transformation

What will be an ideal response?

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According to the theory of purchasing-power parity, the nominal exchange rate between two countries must reflect the differing

a. price levels in those countries. b. resource endowments in those countries. c. income levels in those countries. d. standards of living between those countries.

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Which of the following measures market structure?

A. Lerner index B. Herfindahl-Hirschman index C. Four-firm concentration ratio D. All of the choices may be used to make inferences about market structure.

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