Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN: 9781305971509
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 13, Problem 5CQQ
To determine
The effect of optimistic future expectations on the loanable fund market.
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Where do I draw the demand and supply line
It would be inefficient but possible for this economy to produce?
100
1dryers
90
80
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70
A
60
50
D
B
40
30
20
10
10 20 30 40 50 60 70 80 washers
O 90 dryers and 20 washers.
50 dryers and 50 washers.
O Two of the answers are correct.
O 60 dryers and 20 washers.
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Chapter 13 Solutions
Principles of Macroeconomics (MindTap Course List)
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