The demand for loanable funds increases if

The fact that rubies are more expensive than milk reflects the fact that for most consumers

A) the total utility from rubies exceeds that from milk. B) the marginal utility from rubies equals that from milk. C) more milk is consumed than rubies. D) a quart of rubies is considered to be prettier than a quart of milk.

Economies where goods and services are traded directly for other goods and services are called ________ economies

A) barter B) seigniorage C) direct D) trade