« previous next »

Author Question: A person's wealth is the same as his income. Indicate whether the statement is true or ... (Read 177 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 29, 2018
A person's wealth is the same as his income.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 21-6. The loanable funds market is given in the figure above. If the current real interest rate is 5 percent, which of the following is true?
 
  A) There is a surplus of loanable funds in the market.
  B) The loanable funds market is in equilibrium.
  C) The quantity of loanable funds being demanded in the market is less than 90 million.
  D) There is a shortage of loanable funds in the market.


bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kfurse

  • Hero Member
  • *****
  • Posts: 590
Reply #2 on: Jun 29, 2018
Correct answers!


bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra
Letter from a Person with Pure Alexia Letter from a Person with Pure Alexia
Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
Infants often rely on a caregiver as a secure base when they meet a new person. Infants often rely on a caregiver as a secure base when they meet a new person.
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
Pelvis and knee rock. Hold the feet again for a moment, and move to the person’s right side. Place ... Pelvis and knee rock. Hold the feet again for a moment, and move to the person’s right side. Place ...
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library