Use the Following to Answer Questions

question 175

Multiple Choice

Use the following to answer questions
Figure: Loanable Funds Market

-(Figure: Loanable Funds Market) Refer to the figure of the loanable funds market.At an interest rate of 6% in this market,there is a _____ of loanable funds of _____.

• A) shortage;$320
• B) surplus;$250
• C) shortage;$250
• D) surplus;$320

---

Definitions:

Consideration Stage

A phase in the customer journey where potential buyers evaluate different products or brands before making a purchase decision.

Sales Promotion

A marketing strategy that uses short-term incentives to encourage the purchase or sale of a product or service.

Consideration Stage

A phase in the buyer's journey where potential customers evaluate the benefits and drawbacks of different options before making a purchase decision.

Direct Marketing

A form of advertising where companies communicate directly with consumers through various channels such as email, mail, or phone, without intermediaries.