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Question
If the real interest rate is less than the equilibrium real interest rate, there is a ________ of loanable funds, and ________.A) surplus; some borrowers cannot find the funds they want
B) shortage; some borrowers cannot find the funds they want
C) surplus; borrowers have an easy time finding the funds they want
D) shortage; borrowers have an easy time finding the funds they want
E) shortage; savers increase their saving supply to restore the equilibrium
Answer
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Related questions
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Scarcity results from the fact that
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B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
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