Refer to the Following Graph to Answer the Questions That

question 56

Multiple Choice

Refer to the following graph to answer the questions that follow.

-In the figure,at an interest rate of 6%,the:

• A) quantity demanded of loanable funds equals the quantity supplied of loanable funds, and equilibrium is reached.
• B) quantity demanded of loanable funds is greater than the quantity supplied of loanable funds, and there is a surplus of loanable funds.
• C) demand for loanable funds is greater than the supply of loanable funds, and there is a shortage of loanable funds.
• D) quantity demanded of loanable funds is greater than the quantity supplied of loanable funds, and there is a shortage of loanable funds.
• E) quantity demanded of loanable funds is less than the quantity supplied of loanable funds, and there is a surplus of loanable funds.

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Definitions:

Competitive Advertising

A marketing strategy where a company promotes its product by comparing it with similar products of competitors.

Target Market

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