A fall in the real interest rate brings a
A) rightward shift of the supply of loanable funds curve.
B) rightward shift of the demand for loanable funds curve.
C) leftward shift of the supply of loanable funds curve.
D) movement down along the supply of loanable funds curve.
E) movement up along the supply of loanable funds curve.
D
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The demand for loanable funds curve shows that the higher the real interest rate, the
A) more the loanable funds demand curve shifts leftward. B) smaller the demand for loanable funds. C) smaller the quantity of loanable funds demanded. D) larger the demand for loanable funds. E) larger the quantity of loanable funds demanded.
Refer to the above figure. The long-run average cost curve and the long-run marginal cost curves represent
A) the cost curves for a competitive firm. B) the cost curves for a natural monopoly. C) a situation where a firm has control over the raw materials. D) a situation where a firm has a patent.