Author Question: As a result of the recession in 2008, the default risk increased. How did this change affect the ... (Read 61 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
As a result of the recession in 2008, the default risk increased. How did this change affect the loanable funds market?
 
  A) There was a movement up along the supply of loanable funds curve.
  B) There was a leftward shift in the supply of loanable funds curve.
  C) There was a movement down along the demand for loanable funds curve.
  D) There was a rightward shift in the supply of loanable funds curve.

Question 2

In the above figure, if the real wage is 10 per hour, a labor
 
  A) shortage will occur and the real wage will rise.
  B) shortage will occur and the real wage will fall.
  C) surplus will occur and the real wage will rise.
  D) surplus will occur and the real wage will fall.



Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library