Businesses can buy what kind of asset when they wish to invest in government securities and business debt?

In 2008, the financial and housing crisis caused firms to decrease their profit expectations. As a result, there was a ________ in the ________ for loanable funds curve

A) leftward shift; demand B) movement upward along; demand C) leftward shift; supply D) movement downward along; supply

Perfect competition exists in a market if

A) there are many firms producing an identical product. B) there are many firms producing a similar product, each of which may have unique features. C) the firm is protected by a barrier to entry. D) the firm is always at the break-even point where it is earning only a normal profit.