Suppose the world price of a good is 4. Based on the table below, ...

[dalyningkenk]

Suppose the world price of a good is 4. Based on the table below, the country would
 
  Price Q Demanded Q Supplied
  2 100 70
  4 95 75
  6 90 80
  8 85 85
  10 80 90
  12 75 95
 
  A) import 20 units.
  B) export 20 units.
  C) import 10 units.
  D) export 10 units.

Question 2

There is a positive relationship between the demand for loanable funds and the real interest rate.
 
  Indicate whether the statement is true or false

[lucas dlamini]

Answer to Question 1

A

Answer to Question 2

FALSE

[dalyningkenk]

Thanks for the timely response, appreciate it

[ricroger]

Great answer, keep it coming