If the Aggregate Demand for Loanable Funds Increases Without a Corresponding

question 8

True/False

If the aggregate demand for loanable funds increases without a corresponding increase in aggregate supply, there will be a surplus of loanable funds.

---

Definitions:

Median

The middle value in a data set when it is arranged in ascending order, or the average of the two middle values if there is an even number of observations.

Negatively Skewed Curve

A set of test scores where the majority fall at the upper or positive end. It is said to be a negatively skewed curve or distribution because a few “negative” or low-end scores have stretched or skewed the curve to the left.

Median

A statistical measure representing the middle value in a sorted list of numbers, effectively dividing the data set into two halves.

Mode

A measure of central tendency that is the score that occurs more often than any other.