What Variable Adjusts to Balance Demand and Supply in the Market

question 14

Short Answer

What variable adjusts to balance demand and supply in the market for loanable funds?

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Definitions:

Short Answer

A type of response format in assessments that requires a concise, direct answer to a question, typically a few words or a sentence.

Obedience to Authority

The tendency of individuals to comply with orders from an authority figure, even if they may disagree with the actions.

Prosocial Consequences

Refers to outcomes of actions that are beneficial to others or society as a whole.

Milgram's Research

A series of social psychology experiments conducted by Stanley Milgram, demonstrating individuals' obedience to authority figures, even when asked to perform actions conflicting with personal conscience.