The graphs below show an economy of two people with identical incomes in two years. They have different preference patterns as shown.
Why is the market for loanable funds not in equilibrium?
Definitions:
Digital Image
A representation of a visual image in a format that can be stored, viewed, or transmitted electronically.
Original Check
A document that is written, signed, and ready for use or deposit as payment.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American states.
Processing Checks
Involves the procedures and steps taken by banks or financial institutions to verify and complete the transaction of a written check.
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