If the Quantity of Loanable Funds Supplied Is Less Than

question 288

Multiple Choice

If the quantity of loanable funds supplied is less than the quantity demanded, then

• A)there is a shortage of loanable funds and the interest rate will fall.
• B)there is a shortage of loanable funds and the interest rate will rise.
• C)there is a surplus of loanable funds and the interest rate will fall.
• D)there is a surplus of loanable funds and the interest rate will rise.

Grasp the benefits of free trade and the negative impacts of trade restrictions.

Recognize the factors determining whether a country exports or imports a particular good.

Understand the role of opportunity costs in determining comparative advantage.

Analyze how international trade affects domestic economies, including producers and consumers.

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Definitions:

Differentiate Labour

The process of distinguishing or creating differences between types of labor based on skills, tasks, or responsibilities.

Divide Labour

The allocation of different parts of a work process or task to different individuals in order to improve efficiency and productivity.

Intellectual Limitations

Restrictions in an individual's cognitive functioning and abilities, which may affect learning, problem-solving, and daily adaptive behaviors.

Physical Limitations

Constraints related to the physical capabilities of individuals, potentially affecting their work or daily activities.