A movement downward along the demand for loanable funds curve occurs when
A) the expected profit from investment increases.
B) business expectations become more optimistic.
C) the real interest rate falls.
D) the supply of loanable funds decreases.
C
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Significant market power exists in:
A. perfectly competitive markets only. B. oligopoly markets only. C. oligopoly markets and perfectly competitive markets. D. monopoly markets and oligopoly markets.
A testable proposition that predicts how people will react to changed circumstances is called a hypothesis
a. True b. False Indicate whether the statement is true or false
The efficient scale of the firm is the quantity of output that
a. maximizes marginal product. b. maximizes profit. c. minimizes average total cost. d. minimizes average variable cost.
The massive shift of population and industry out the large central cities from the late 1940s through the 1960s was caused by
A. terrorist attacks. B. the mechanization of agriculture. C. suburbanization. D. the widespread use of electricity. E. fear of nuclear war.