The supply curve of loanable funds slopes up because
A) at higher bond prices more loanable funds will be supplied.
B) higher interest rates reduce the inflation rate.
C) an increase in the interest rate makes lenders more willing and able to supply more funds.
D) a decrease in the interest rate makes lenders more willing and able to supply more funds.
C
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Consider the following data for a closed economy:
Y = $12 trillion C = $8 trillion I= $2 trillion G = $2 trillion TR = $2 trillion T = $3 trillion
A competitive price-searcher market is best described as
a. many firms with some control over price, and some product differentiation. b. many firms with no control over price, producing identical products. c. a few firms with some control over price, producing highly differentiated products. d. a few firms with no control over price, producing similar products. e. a single firm producing all of the output for the industry, with strong control over price.
Almost half of the world lives on less than $____ a day.
Fill in the blank(s) with the appropriate word(s).
The most common type of investment in human capital is
A. expanded years of schooling. B. having more children per family. C. improved health care and maintenance. D. the migration of labor in search of better jobs.