-In the Above Figure, If the Real Interest Rate Is

question 11

Multiple Choice

-In the above figure, if the real interest rate is 4 percent, then there

• A) there is a surplus of loanable funds.
• B) is equilibrium in the loanable funds market.
• C) the real interest rate will rise.
• D) the demand curve for loanable funds will shift rightward.

---

Definitions:

African Beliefs

The diverse traditional religious and spiritual practices originating from various cultures within Africa, often characterized by a strong connection to ancestors and the natural world.

Self-Government

The right or condition of self-rule, typically exercised by a community, region, or country with a degree of autonomy from external authority.

Ban on Liquor

A prohibition or legal restriction placed on the manufacture, sale, and consumption of alcoholic beverages.

War of Jenkins' Ear

A conflict between Great Britain and Spain from 1739 to 1748, ignited by the mutilation of the British sea captain Robert Jenkins and representative of broader colonial and trade disputes.