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In the loanable funds market, if the real interest rate is higher than the equilibrium real interest rate,
Elasticity
A measure of how much the quantity demanded or supplied of a good changes in response to a change in price.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price.
Change in Price
The variation in the price level of goods or services over a period of time.
Elastic
Describes a situation in economics where the demand or supply for a good or service significantly changes in response to changes in price.
Q14: A bank has deposits of $400, reserves
Q23: The demand for loanable funds<br>A) increases in
Q31: In which of the following cases would
Q107: The money multiplier is the<br>A) fraction of
Q223: An increase in the real interest rate<br>A)
Q231: Property rights assure people that<br>A) the government
Q240: At the beginning of the year, AAA-1
Q247: If firms became more optimistic about the
Q257: According to the Ricardo-Barro effect, an increase
Q283: The discount rate is the<br>A) banks' real