Author Question: If, at the current interest rate, the quantity of loanable funds supplied is less than the quantity ... (Read 98 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
If, at the current interest rate, the quantity of loanable funds supplied is less than the quantity of loanable funds demanded, then
 
  A) the supply of loanable funds curve shifts leftward and the real interest rate rises.
  B) the real interest rate falls.
  C) the supply of loanable funds curve shifts leftward and the real interest rate falls.
  D) the real interest rate rises.
  E) the supply of loanable funds curve shifts rightward and the real interest rate rises.

Question 2

Suppose potential GDP is 100 billion and the natural unemployment rate is 5 percent. If the unemployment rate is 6 percent, then according to Okun's Law real GDP is
 
  A) 102 billion. B) 98 billion. C) 101 billion. D) 99 billion. E) 100 billion.



C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

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.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library