When a country experiences capital flight, the interest rate

a. falls because the demand for loanable funds shifts left.
b. falls because the supply for loanable funds shifts right.
c. rises because the demand for loanable funds shifts right.
d. rises because the supply for loanable funds shifts left.

c

Economics

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Suppose that the size of the labor force is 100 million and that the unemployment rate is 5 per cent. Which of the following actions would reduce the unemployment rate the most?

A. 1 million unemployed people get jobs B. 2 million unemployed people leave the labor force C. 3 million people join the labor force and they all get jobs D. 10 million people join the labor force and half of them get jobs

Economics

Compared to prices charged by Uber, traditional taxi companies charge government-regulated prices. These government-regulated prices ________ in the market for shared rides

A) decrease producer surplus B) decrease consumer surplus C) increase consumer surplus D) decrease deadweight loss

Economics