Examlex

Solved

Which of the Following Would Make Both the Equilibrium Real

question 117

Multiple Choice

Which of the following would make both the equilibrium real interest rate and the equilibrium quantity of loanable funds decrease?


Definitions:

Warranty Of Fitness

An assurance that a product will meet a buyer's specified purpose or needs, often implied in a sale unless specifically excluded.

Implied Warranty

A legally assumed guarantee that a product will meet certain quality and reliability standards.

Warranty Of Fitness

A guarantee provided by a seller that the goods or services sold will be appropriate and suitable for the specified purpose.

Express Warranty

A clearly stated guarantee provided by a seller regarding the condition or quality of a product.

Related Questions