The demand curve for loanable funds is downward sloping because:
a. people save more at higher interest rates
b. more investments are profitable at low interest rates than at high interest rates.
c. future income is more valuable now at higher interest rates than at lower interest rates.
d. usury laws increase the quantity of funds demanded at low interest rates but do not affect the quantity of funds demanded at high interest rates.
b
Economics
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Public schools, which educate most students through high school, are paid for primarily by
a. state governments. b. local governments. c. the federal government. d. taxpayers directly.
Economics
A headline reads: "Fed Cuts the Federal Funds Rate by Half a Point." This suggests that:
a. Monetary policy has eased b. Tax rates have been reduced c. The prime interest rate will rise d. The discount rate will rise
Economics