In the market for loanable funds, the equilibrium interest rate is determined by the intersection of:
a. the downward-sloping supply curve for loanable funds and the upward-sloping demand curve for loanable funds.
b. the upward-sloping supply curve for loanable funds and the downward-sloping demand curve for loanable funds.
c. the downward-sloping supply curve of loanable funds and the horizontal demand curve for loanable funds.
d. the downward-sloping supply curve of loanable funds and the vertical demand curve for loanable funds.
e. the upward-sloping supply curve for loanable funds and the horizontal demand curve for loanable funds.
b
You might also like to view...
Refer to the short-run production and cost data. In Figure B curve (3) is:
A. AVC and curve (4) is MC.
B. MC and curve (4) is AVC.
C. MC and curve (4) is AFC.
D. AFC and curve (4) is MC.
The International Monetary Fund was established to manage the Bretton Woods System.
Answer the following statement true (T) or false (F)