This topic contains a solution. Click here to go to the answer

Author Question: If the real interest rate A) falls, there is a movement along the supply curve of loanable funds ... (Read 81 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
If the real interest rate
 
  A) falls, there is a movement along the supply curve of loanable funds to a lower quantity of loanable funds .
  B) rises, the supply of loanable funds curve shifts leftward.
  C) rises, the supply of loanable funds curve shifts rightward.
  D) falls, there is a movement along the supply of loanable funds curve to a higher quantity of saving.
  E) falls, the supply of loanable funds curve shifts leftward.

Question 2

The above table gives information for the nation of North Hampton. There are no imports to or exports from North Hampton.
 
  a. Find aggregate planned expenditure for each level of real GDP.
  b. What is the equilibrium level of real GDP?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

a. To calculate aggregate expenditure, for each level of real GDP sum consumption expenditure plus investment plus government purchases. The above table has the answers for each level of real GDP.
b. Equilibrium real GDP is 800 billion because that is the level of real GDP that equals aggregate planned expenditure.




rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 29, 2018
Excellent


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library