If in the past Congress had taken additional actions to make saving more rewarding, then today it is likely that the equilibrium interest rate
a. and the equilibrium quantity of loanable funds both would be lower.
b. and the equilibrium quantity of loanable funds both would be higher.
c. would be higher and the equilibrium quantity of loanable funds would be lower.
d. would be lower and the equilibrium quantity of loanable funds would be higher.
d
Economics
You might also like to view...
A project whose acceptance eliminates another project from consideration is called
A) independent. B) mutually exclusive. C) replacement. D) complementary.
Economics
Suppose a one-year discount bond offers to pay $100 in one year and currently sells for $99. Given this information, we know that the interest rate on the bond is
A) 11.1%. B) 10%. C) 5.3%. D) 9.9%.
Economics