An Increase in Public Saving Has What Impact on the Market

question 47

Multiple Choice

An increase in public saving has what impact on the market for loanable funds?

• A)The supply of loanable funds increases.
• B)The demand for loanable funds increases.
• C)The supply of loanable funds decreases.
• D)The demand for loanable funds decreases.

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Definitions:

Office Expense

Costs related to the day-to-day operations of an office, including supplies, utilities, and administrative salaries.

Total Cost

The complete amount of expenses incurred by a business or individual in the production or acquisition of a good or service.

Manufacture Units

The individual items or goods produced by a manufacturing process.

High-low Method

A way of attempting to understand cost behavior by analyzing the difference in cost between the highest and lowest volume levels.