The demand for loanable funds curve illustrates
A) the quantity of loanable funds demanded at any given level of disposable income.
B) how the quantity of loanable funds demanded changes when the people's expectations about their future income changes.
C) how the quantity of loanable funds demanded changes when wealth changes.
D) the quantity of loanable funds demanded at any given level of the real interest rate.
E) the quantity of loanable funds supplied to the loanable funds market at any given level of disposable income.
D
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If the marginal propensity to consume is very close to zero, then the multiplier
A) cannot be calculated. B) is very close to one. C) is very large. D) is very close to zero. E) might be negative if the marginal tax rate is large enough.
Real GDP per capita is calculated by dividing the value of real GDP for a country by the country's adult population
Indicate whether the statement is true or false