Which of the following statements regarding The New York Home Business Endorsement (HO 07 01) is correct? The limits of liability are provided on a per occurrence basis B Coverage B applies to detached structures described in this endorsement and used for business The special liability amount for gold, currency and coins is raised to $5,000 This endorsement covers a business conducted at or from the insured's residence premises

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Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.