Other things equal, an increase in the productivity of capital goods will:

A. increase the demand for loanable funds and decrease the equilibrium interest rate.
B. increase the demand for loanable funds and increase the equilibrium interest rate.
C. increase the supply of loanable funds and decrease the equilibrium interest rate.
D. increase the supply of loanable funds and increase the equilibrium interest rate.

Answer: B

Economics

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All else equal, when oil prices increase, some uneconomical sources of oil tend to become more economical, and this will ________ proven reserves of oil and ________ the number of years it will take to deplete the stock of oil

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease

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Which of the following statements is true?

A) Theories are statistics that describe the real world. B) Hypotheses are predictions that can be tested with data. C) Data are facts established by observation and measurement. D) Empirical evidences are facts, measurements, or statistics that describe the world.

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