Figure 26-4

question 77

Multiple Choice

Figure 26-4.On the horizontal axis of the graph,L represents the quantity of loanable funds in billions of dollars.
-Refer to Figure 26-4.If the equilibrium quantity of loanable funds is $50 billion and if the equilibrium nominal interest rate is 8 percent,then

• A)there is an excess supply of loanable funds at a real interest rate of 6 percent.
• B)there is an excess demand for loanable funds at a real interest rate of 8 percent.
• C)the rate of inflation is approximately 2 percent.
• D)the rate of inflation is approximately 14 percent.

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Definitions:

Native Language Program

Educational initiatives or curricula designed to preserve, teach, and promote the use of indigenous languages among native populations.

Acculturation Approach

A method that addresses how individuals adapt to new cultural contexts, including assimilation, integration, separation, and marginalization strategies.

Deficit Beliefs

The perspective that individuals or groups are lacking in certain areas compared to a perceived norm, leading to disadvantages.

Cultural Insensitivities

Refers to actions or behaviors that show a lack of awareness or respect for other people's cultures and traditions, often leading to misunderstanding and offense.