Author Question: In 2008, the many people became unable to make payments on their mortgages and instead defaulted on ... (Read 37 times)

bb · **on:** Jun 29, 2018

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.