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Author Question: The demand for loanable funds curve shows that the higher the real interest rate, the A) more the ... (Read 96 times)

DelorasTo

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on: Jun 29, 2018
The demand for loanable funds curve shows that the higher the real interest rate, the
 
  A) more the loanable funds demand curve shifts leftward.
  B) smaller the demand for loanable funds.
  C) smaller the quantity of loanable funds demanded.
  D) larger the demand for loanable funds.
  E) larger the quantity of loanable funds demanded.

Question 2

The figure above shows a production possibilities frontier. In the figure, which of the following combinations of the two goods cannot be produced with the current resources and technology?
 
  A) 5 million cell phones and no DVDs
  B) 1 million cell phones and 14 million DVDs
  C) 4 million cell phones and 4 million DVDs
  D) 3 million cell phones and 5 million DVDs
  E) 2 million cell phones and 13 million DVDs


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zacnyjessica

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


DelorasTo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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