Equilibrium in the loanable funds market determines
A) the real interest rate. B) the nominal interest rate.
C) the current interest rate. D) the expected interest rate.
A
Economics
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A value of zero for the elasticity of supply of some product implies that
A) the supply curve is horizontal. B) supply is highly responsive to price. C) the product will not be supplied at any price. D) there is no supply. E) the supply curve is vertical.
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Constant returns to scale is the point on a production function where increasing inputs will no longer increase output
a. True b. False Indicate whether the statement is true or false
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