If the interest rate increases, the

a. cost of saving will increase
b. cost of borrowing will increase
c. firm should decrease the amount of capital it owns by selling capital
d. firm should acquire more capital
e. supply of loanable funds will increase

B

Economics

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Money eliminates the need for

A) any government role in the economy. B) specialization. C) people to have a double coincidence of wants. D) the market system.

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Given total cost and the quantity of output, marginal cost and average cost can be determined

a. True b. False Indicate whether the statement is true or false

Economics