Assess the following statements: 1. At interest rate above the equilibrium, there is a surplus of loanable funds. II. Economic growth puts upward pressure on interest rates by shifting demand for loanable funds inward II. If the increased expansion by businesses leads to more income for construction crew and other workers, the quantity of savings (loanable funds supplied) could increase regardless of the interest rate, causing an outward shift in the supply schedule. IV. Inflation puts downward pressure on interest rates by shifting supply of funds inward and demand for funds outward. All statements are correct. Two statements are correct. O Only one statement is correct. Three statements are correct.

Assess the following statements: 1. At interest rate above the equilibrium, there is a surplus of loanable funds. II. Economic growth puts upward pressure on interest rates by shifting demand for loanable funds inward II. If the increased expansion by businesses leads to more income for construction crew and other workers, the quantity of savings (loanable funds supplied) could increase regardless of the interest rate, causing an outward shift in the supply schedule. IV. Inflation puts downward pressure on interest rates by shifting supply of funds inward and demand for funds outward. All statements are correct. Two statements are correct. O Only one statement is correct. Three statements are correct.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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estnavclient.psonsVc.net/#/question/4985ff31-8b4a-4423-8092-062ae41fb329/a5b5e518-23e9-4a64-b3f9-30a82b80e42f Review - A Bookmark Sunuwar, Alka 8 Africa Economics Test / 13 of 27 II Pause Use the information in the box to answer the question. Some industries in South Africa, such as housing and healthcare, are controlled by the government. Most industries, however, such as mining, agriculture, and manufacturing, are controlled by the private sector, and have helped South Africa become a major economic power in Africa. Based on the information, what conclusion can be drawn about the South African economy? O A. South Africa has a pure market economy. O B South Africa has a pure command economy. OC South Africa has a command economy with some market elements. D. South Africa has a market economy with some command elements. 3:52 PM e Schoolnet : M... TN TestNav - Goo. G 的M 感) O Type here to search 72°F 2/24/2022 Lenovo 近

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