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10 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900

10 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Assume that the table represents the financial capital market of Yemen. Compute the market shortage if the interest rate is set equal to 11%. Quantity of financial Interest Quantity of financial capital demanded Rate (%) capital supplied ($ billion) ($ billion) 10 1100 900 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900 billon Market Shortage = $ 80
Transcribed Image Text:Assume that the table represents the financial capital market of Yemen. Compute the market shortage if the interest rate is set equal to 11%. Quantity of financial Interest Quantity of financial capital demanded Rate (%) capital supplied ($ billion) ($ billion) 10 1100 900 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900 billon Market Shortage = $ 80
Various forms of capital are used in the production of final goods and services. However, the term financial capital market refers to a market where firms with goods and services and households which demand goods and services interact. a market where households with savings and firms which demand funds for investment interact. a market where households with human capital and firms which demand human capital interact. O a market where households with intangible capital and firms which demand intangible capital interact.
Transcribed Image Text:Various forms of capital are used in the production of final goods and services. However, the term financial capital market refers to a market where firms with goods and services and households which demand goods and services interact. a market where households with savings and firms which demand funds for investment interact. a market where households with human capital and firms which demand human capital interact. O a market where households with intangible capital and firms which demand intangible capital interact.
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