The fact that there are fewer and fewer potential investments that will generate returns high enough to make the cost of paying back a loan worthwhile is reflected in the:
A. upward-slope of the supply curve in the market for loanable funds.
B. downward-slope of the supply curve in the market for loanable funds.
C. upward-slope of the demand curve in the market for loanable funds.
D. downward-slope of the demand curve in the market for loanable funds.
D. downward-slope of the demand curve in the market for loanable funds.
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What characteristic of the endogenous growth model is crucial in giving the possibility of sustained growth?
A) It is embodied in people. B) It has constant returns to scale in production. C) It takes time to accumulate it. D) It grows at the same rate as consumption.
Assume that the supply curve for tomatoes is upward sloping. If the price per pound increases from $0.99 to $1.89, a greater quantity of tomatoes will be supplied to the market
a. True b. False Indicate whether the statement is true or false