To calculate the return to monopsony power, you need to know

If a demand curve shifts left, it implies

A) as a group, consumers are willing and able to pay less for the product. B) as a group, consumers are willing and able to pay more for the product. C) government has regulated how many people can purchase the product. D) the profit motive of the firms is making the price too high.

If the real interest rate were above the equilibrium rate, there would be a shortage of loanable funds

a. True b. False Indicate whether the statement is true or false