Use the Following to Answer Questions

question 237

Multiple Choice

Use the following to answer questions:
-(Figure: Loanable Funds Market II) Use Figure: Loanable Funds Market II.An increase in savings by the private sector will shift the domestic supply of loanable funds to the_____ and _____ the interest rate.

• A) left;increase
• B) right;decrease
• C) right;increase
• D) left;decrease

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Definitions:

Sales

The total amount of money received from selling goods or services over a specific period.

Periodic Inventory System

An inventory accounting system where updates to the inventory accounts are made at specific intervals, not continuously.

Merchandise

Goods that are purchased for the purpose of being sold to customers in the retail or wholesale market.

Periodic Inventory System

An inventory system that updates the inventory balance at specific intervals, necessitating physical counts.