In the real loanable funds market, the vertical and horizontal axes, respectively, are:
a. Nominal interest rate and nominal loanable funds.
b. Real interest rate and real loanable funds.
c. Real, risk-free interest rate and real loanable funds per time period.
d. Real, risk-free interest rate and real loanable funds.
e. None of the above.
.C
Economics
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A graphical representation of the choices between two allocations of resources is called
A) the production possibilities frontier. B) supply and demand. C) the free choice model. D) the moral hazard model.
Economics
A firm in perfect competition perceives the demand curve to be downward sloping
Indicate whether the statement is true or false
Economics