Answer the question using the table. Figures are in billions of dollars. The equilibrium interest rate and quantity of loanable funds demanded and supplied in this market will be
A. 12 percent and $22 billion.
B. 14 percent and $26 billion.
C. 10 percent and $18 billion.
Ans: A. 12 percent and $22 Billion
Economics
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Refer to the graph shown. An effective price floor at $8 causes producer surplus to:
A. increase from 10 to 80. B. increase from 62.5 to 70. C. fall from 62.5 to 10. D. fall from 70 to 62.5.
Economics
What is the role of the "informativeness principle" in designing a compensation package for an individual in a corporate environment?
What will be an ideal response?
Economics