If the Interest Rate in the Market for Loanable Funds

question 159

Multiple Choice

If the interest rate in the market for loanable funds is below the market-clearing rate,then:

• A) individuals will become more impatient.
• B) individuals will become less impatient.
• C) there will be a shortage of savings,and demanders will bid the interest rate up as they compete to borrow.
• D) there will be a surplus of savings,and suppliers will bid the interest rate down as they compete to lend.

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Definitions:

Positive Regard

A therapeutic concept referring to accepting and supporting a person regardless of what the person says or does, especially as a part of the humanistic approach.

Accuracy

The degree to which information is correct, precise, and free from error.

Microaggression

Subtle, often unintentional, discriminatory comments or actions against members of a marginalized group.

Congruent Statement

A congruent statement is an expression or communication that is consistent with one's true feelings, thoughts, and behaviors, promoting authenticity.