Question
1.Consider the loanable funds market. Suppose people's economic outlook decreases. What is the effect on this market? Group of answer choices The real interest rate
1.Consider the loanable funds market. Suppose people's economic outlook decreases. What is the effect on this market?
Group of answer choices
The real interest rate increases and the quantity of loanable funds decreases
The real interest rate decreases and the quantity of loanable funds decreases
The real interest rate increases and the quantity of loanable funds increases
The real interest rate decreases and the quantity of loanable funds increases
None of the above
2.Which of the following is true for an economy WITHOUT money?
Group of answer choices
There is no supply nor demand for items
There is no trade of any kind
People rely only on gold coins to buy stuff
People rely on bartering
People do not bother to work anymore
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New Products Management
Authors: C Merle Crawford
12th Edition
1260512010, 9781260512014
