1. Since 1993, the number of savings and loan association has _____

A) declined substantially.

B) held steady.

C) risen slightly.

D)risen sharply (this one wrong)

2.If you sell a short contract on financial futures, you hope interest rates will ________. A) rise (this one wrong) B) fall C) not change D) fluctuate D) risen sharply.

3.The equilibrium interest rate:

A) equates the aggregate demand for funds with the aggregate supply of loanable funds. (this one is wrong) B) equates the elasticity of the aggregate demand and supply for loanable funds. C) decreases as the aggregate supply of loanable funds decreases. D) increases as the aggregate demand for loanable funds decreases.