If the supply of loanable funds shifts right, then
a. the real interest rate and the equilibrium quantity of loanable funds both fall.
b. the real interest rate falls and the equilibrium quantity of loanable funds rises.
c. the real interest rate and the equilibrium quantity of loanable funds both rise.
d. the real interest rate rises and the equilibrium quantity of loanable funds falls.
b
You might also like to view...
At what level of output will average variable cost equal average total cost?
a. when marginal cost equals average total cost b. for all levels of output in which average variable cost is falling c. when marginal cost equals average variable cost d. There is no level of output where this occurs, as long as fixed costs are positive.
Mutual recognition of standards refers to
A) the elimination of tariffs and quotas by trading partners. B) common product safety, environment, labor, and fair competition standards agreed upon by trading partners. C) the acceptance of a trading partner's standards as valid and sufficient by another trading partner. D) separate standards held by different trading partners which other partners refuse to recognize.
An extremely severe recession is known as a
A. peak. B. trough. C. depression. D. contraction.
Suppose a roll of paper towels costs $4 at Sam's Quick Stop, a local quick stop, and the same roll of paper towels costs $1 at Big Supplies, a large, retailer located in a more remote location. If a customer's total cost of travel to Sam's Quick Stop is $2 and is $6 to Big Supplies, which of the following is true?
A) The consumer is indifferent as to where they buy the paper towels. B) It is cheaper for the consumer to buy the paper towels at Big Supplies. C) It is cheaper for the consumer to buy the paper towels at Sam's Quick Stop. D) It is more expensive for the consumer to buy the paper towels at Sam's Quick Stop.