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Question 15 2 pts Line 1 B Vertical Axis A Line 2 C D Horizontal Axis The above graph shows the market for loanable funds.
Question 15 2 pts Line 1 B Vertical Axis A Line 2 C D Horizontal Axis The above graph shows the market for loanable funds. Which of the following statements is correct? The equilibrium interest rate is marked by point A. O Line 1 represents the demand for loans. Line 2 represents the supply of loans. When interest rate increases, the quantity demanded of loans also increases. The vertical axis represents the interest rate.Question 4 2 pts Consider the following table. Year Nominal GDE Real GDP GDP Deflator 2015 $650 95.0 2016 $700 100.0 2017 $775 $720 2018 $750 115.0 What is the value of nominal GDP in 2015? $684.2 $617.5 $650.0 $625.0 $565.2
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