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Author Question: In 2008, the many people became unable to make payments on their mortgages and instead defaulted on ... (Read 47 times)

bb

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In 2008, the many people became unable to make payments on their mortgages and instead defaulted on them. As a result, the ________ of loanable funds curve shifts ________ and real interest rate ________.
 
  A) supply; leftward; increases
  B) demand; leftward; increases.
  C) supply; rightward; falls.
  D) demand; rightward; decreases.

Question 2

A reduction in the amount of unemployment
 
  A) shifts the production possibilities frontier outward.
  B) moves the economy's point of production closer to the production possibilities frontier.
  C) moves the economy's point of production along the production possibilities frontier.
  D) moves the economy's point of production further away from the production possibilities frontier.



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jrpg123456

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Answer to Question 1

A

Answer to Question 2

B




bb

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


daiying98

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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