-In the Above Figure, the Economy Is at Point a on the Initial

question 60

Multiple Choice

-In the above figure, the economy is at point a on the initial demand for loanable funds curve DLF?. What happens if the real interest rate rises?

• A) There is a movement to a point such as b on the demand for loanable funds curve DLF?.
• B) The demand for loanable funds curve shifts rightward to a curve such as DLF?.
• C) The demand for loanable funds curve shifts leftward to a curve such as DLF?.
• D) none of the above

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Definitions:

Upper Paleolithic

The Upper Paleolithic is the third and last subdivision of the Paleolithic or Old Stone Age, characterized by the development of diverse and sophisticated tools, art, and cultural advances.

Pebble Tools

Primitive stone tools made by chipping small flakes from pebbles to create a sharp edge, used by early humans for cutting and scraping; typical of the Paleolithic era.

Atlatl

A tool used to throw spears or darts with greater force and distance than could be achieved by the human arm alone, employed by various ancient cultures.

Burin

A type of stone tool with a chisel-like edge, primarily used in carving or engraving hard materials during prehistoric times.