A Decrease in the Real Interest Rate Leads to a _______

question 38

Multiple Choice

A decrease in the real interest rate leads to a _______ the demand for loanable funds curve, and a decrease in expected profit leads to a _______ the demand for loanable funds curve.

• A)rightward shift of; movement up along
• B)movement down along; movement up along
• C)movement down along; leftward shift of
• D)rightward shift of; leftward shift of
• E)movement down along; rightward shift of

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Definitions:

Negotiable Instruments

Written contracts (like checks, promissory notes, and bills of exchange) that guarantee the payment of a specific amount of money, either on demand or at a set time.

Actual Authority

The explicit power given to an agent by a principal, allowing the agent to act on the principal's behalf.

Express Authority

Explicit, direct power given to an individual or entity to perform actions or make decisions on behalf of another.

Implied Authority

The power assumed by a person that allows them to act for another, even if not explicitly granted.