An increase in the real interest rate results in which of the following?

A) an increase in the demand for loanable funds
B) a decrease in the demand for loanable funds
C) an increase in the quantity of loanable funds supplied
D) Both B and C will occur as a result of an increase in the real interest rate.

C

Economics

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If consumers buy a large number of plug-in electric cars, the equilibrium price of electricity will ________ and the equilibrium quantity of electricity will ________

A) rise; decrease B) not change; increase C) fall; increase D) fall; decrease E) rise; increase

Economics

In the market depicted in the above figure, if a single-price monopoly maximizes its profit, which area shows the consumer surplus?

A) area GHIL B) area HIJ C) area HJKG D) area NFL

Economics