The Following Table Lists Some Economic Agents and Their Intentions

question 59

Multiple Choice

The following table lists some economic agents and their intentions. At present the interest rate is 5 percent.

-Refer to the table above.If the table represents an entire loanable funds market,then ________.

• A) the interest rate is zero
• B) it does not reach market clearing equilibrium
• C) the equilibrium will be at a total amount of credit of $130,000
• D) the equilibrium will be at a total amount of credit below $150,000

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Definitions:

Arthropods

Arthropods are invertebrate animals with an exoskeleton, a segmented body, and paired jointed appendages, including insects, arachnids, and crustaceans.

Cephalopods

Cephalopods are a class of mollusks that includes squid, octopuses, and cuttlefish, known for their advanced nervous systems, highly developed eyesight, and ability to change color and texture.

Annelids

A phylum of invertebrate worms characterized by segmented bodies and often found in wet environments.

Hemoglobin

A protein found in red blood cells that carries oxygen from the lungs to the body's tissues and returns carbon dioxide from the tissues back to the lungs.