In the market for loanable funds, the interaction of the demand for, and supply of, loanable funds determines the equilibrium level of
a. the inflation rate.
b. gross domestic product.
c. the real interest rate.
d. the nominal interest rate.
c
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Suppose we observe that the price of gasoline has been rising, even though the quantity of gasoline sold has been falling. We can conclude that
a. the law of supply does not hold for gasoline. b. the law of demand does not hold for gasoline. c. the demand for gasoline must have fallen. d. the supply of gasoline must have fallen.
U.S. banks are required by law to keep most of their assets as reserves
Indicate whether the statement is true or false
The longest term security sold by the US is the:
A. Treasury notes. B. certificate of deposit. C. Treasury bills. D. Treasury bonds.
Which of the following is likely among the most concentrated industries in the United States?
A) printing and publishing B) breakfast cereals C) primary aluminum D) computers