If a firm's MRP of capital = MFC, the firm

a. is at its profit-maximizing use of loanable funds
b. should decrease its quantity demanded of loanable funds
c. should increase its quantity demanded of loanable funds
d. should hire more labor
e. should raise the interest rate

A

Economics

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Which of the following would not shift the supply curve?

A) A rise in the price of the good B) A fall in the expected future price of the good C) A rise in the costs of production of the good D) A negative supply shock that destroys a portion of output

Economics

On January 25, 2009, one U.S. dollar traded on the foreign exchange market for about 0.75 euros. Therefore, one euro would have purchased about ________ U.S. dollars

A) 0.75 B) 1.00 C) 1.33 D) 1.75

Economics