The lower the cost of funds, the greater the amount of loanable funds demanded.
Answer the following statement true (T) or false (F)
True
The higher the expected return or the lower the cost of funds, the greater the amount of loanable funds demanded.
Economics
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The reason the production possibilities curve is bowed outward (concave) is
A) the law of increasing additional cost. B) that technology is constantly changing. C) that the number of resources is increasing. D) that the economy has more capital goods than entrepreneurial effort.
Economics
Economies of scale imply that within some range one can increase the size of operation and:
a. total cost will decrease. b. fixed cost will decrease. c. average total cost will decrease. d. average total cost will increase. e. average variable cost will decrease.
Economics