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Author Question: A person's wealth is the same as his income. Indicate whether the statement is true or ... (Read 152 times)

kfurse

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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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


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kfurse

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Reply #2 on: Jun 29, 2018
Correct answers!


bdobbins

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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