The change in total output due to the change in one variable input, while holding all other inputs constant, is the

Explain how each of the following events would affect the supply of loanable funds curve:

a. The economy is in a recession so people's disposable income is lower. b. The stock market is booming so people's wealth is higher. c. The future looks a bit more grim, so expected future income is lower. d. The real interest rate increases.

Using the above table, at a price of $70, there is

A) a surplus of 150 units. B) a shortage of 120 units. C) a surplus of 270 units. D) a shortage of 150 units.