We could best describe the O a) loanable funds market as the market where only governments make loans. O b) nominal rate of interest as the inflation-adjusted rate of interest. Og supply of loanable funds as upward sloping, with the slope equaling the rate of inflation. Od) real rate of interest as the inflation-adjusted rate of interest. e) rate of inflation as the nominal interest rate.
We could best describe the O a) loanable funds market as the market where only governments make loans. O b) nominal rate of interest as the inflation-adjusted rate of interest. Og supply of loanable funds as upward sloping, with the slope equaling the rate of inflation. Od) real rate of interest as the inflation-adjusted rate of interest. e) rate of inflation as the nominal interest rate.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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