« previous next »

Author Question: If, at the current interest rate, the quantity of loanable funds supplied is less than the quantity ... (Read 108 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
Fluidization - Reaction Rate Chart Fluidization - Reaction Rate Chart
How to solve a linear algebraic bank interest problem with two unknowns How to solve a linear algebraic bank interest problem with two unknowns
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10 The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10
Compound interest Compound interest
Video: Integumentary Anatomy

For a complete list of videos, visit our video library