The marginal cost of a dollar of loanable funds is not
a. the interest rate
b. the same as the marginal physical product of capital
c. a measure of the marginal cost of capital
d. equal to the marginal revenue product of capital at the firm's profit-maximizing quantity of loanable funds
e. the change in a firm's total cost that results from adding one more dollar of loanable funds to production
A
You might also like to view...
A open market purchase of government securities by the Fed will cause which of the following?
A) an increase in the equilibrium quantity of reserves B) a reduction in the federal funds rate C) an increase in the amount of excess reserves that banks will wish to hold D) all of the above
The United States balance of payments accounts
a. records all earnings from the foreign activities of U.S. residents. b. records all expenditures of U.S. citizens' abroad. c. records all earnings from the foreign activities of foreign governments. d. Both a and b e. All of the above