In the loanable funds market, the supply comes from

A) saving, the government budget surplus and international borrowing.
B) only saving and the government budget surplus.
C) only saving.
D) only the government budget surplus and international borrowing.

A

Economics

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Suppose that at a price of $55, 100 units were sold while at a price of $33, 153 units were sold. Without calculating the price elasticity value, can you determine whether demand is elastic, unit elastic, or inelastic? Explain your answer

What will be an ideal response?

Economics

In a classic administrative snafu, the Army assigns trained classical musicians to kitchen duty and places trained cooks in the military band. This is an example of inefficiency in

a. output selection. b. production planning. c. product distribution. d. market segmentation.

Economics