Which of the following decreases the demand for loanable funds and shifts the demand for loanable funds curve leftward?
A) The real interest rate rises.
B) The economy experiences a recession.
C) Wealth decreases.
D) Technology that increases productivity is introduced.
E) An economy experiences a rapid increase in population.
B
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Monetarists have maintained the Classical tradition by emphasizing the
A) importance of government's fine-tuning policies. B) inflationary impact of government spending. C) instability of money demand. D) inherent stability of the economy.
What are the main factors driving the food companies to change their product lines in the beverage industry and how has the industry responded?
What will be an ideal response?
Refer to Figure 9.1. If the market is in equilibrium, the producer surplus earned by the seller of the 1st unit is ________
A) $5.00 B) $10.00 C) $15.00 D) $20.00 E) $40.00
What is perfect competition?
a. A situation in which each firm faces many competitors that sell identical products b. A situation in which a firm has a monopoly on a product c. A situation in which one firm has a distinct sales advantage over other competitors d. A situation in which each firm has a distinctly different version of the same product