Question
1. If the demand for loanable funds increases, what will likely happen to the interest rate, what is likely to happen to the total amount
1. If the demand for loanable funds increases, what will likely happen to the interest rate, what is likely to happen to the total amount of savings? Show your answer in a graph.
2. Is GDP a good measure for national welfare? Briefly discuss why it is or why it is not.
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The World Economy Geography, Business, Development
Authors: Frederick P. Stutz, Barney Warf
6th edition
321722508, 321722507, 978-0321722508
