Use the Following to Answer Question

question 144

Multiple Choice

Use the following to answer question :
Figure: Market for Loanable Funds I
-(Figure: Market for Loanable Funds I) Look at the figure Market for Loanable Funds I. The equilibrium interest rate in the loanable funds market is:

• A)2%.
• B)4%.
• C)6%.
• D)8%.

---

Definitions:

Union Substitution

Strategies employers use to address and mitigate worker demands and grievances without union involvement.

Unionized Plants

Factories or workplaces where the employees are represented by a union for collective bargaining with the management.

Labor Market

The supply of available workers in relation to available employment.

Product Market

The marketplace where final goods or services are traded between sellers and consumers.