In the market for loans, suppose that the real interest rate is lower than the equilibrium real interest rate. Saving is Select one: a. greater than investment, and the real interest rate will fall. b. less than investment, and the real interest rate will rise. c. equal to investment, and the real interest rate will rise. d. None of the above.
In the market for loans, suppose that the real interest rate is lower than the equilibrium real interest rate. Saving is Select one: a. greater than investment, and the real interest rate will fall. b. less than investment, and the real interest rate will rise. c. equal to investment, and the real interest rate will rise. d. None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
In the market for loans, suppose that the real interest rate is lower than the equilibrium real interest rate. Saving is Select one:
a. greater than investment, and the real interest rate will fall.
b. less than investment, and the real interest rate will rise.
c. equal to investment, and the real interest rate will rise.
d. None of the above.
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