Answered You can hire a professional tutor to get the answer.

QUESTION

A key principle of economics is that if there is a properly functioning financial system and interest rates are free to adjust, then at equilibrium...

A key principle of economics is that if there is a properly functioning financial system and interest rates are free to adjust, then at equilibrium in the loanable funds market:

Select one:

a. The amount saved will equal the amount borrowed

b. The amount of debt will equal the amount of cash in the economy

c. There will be no debt

d. The amount saved will be more than they amount borrowed

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question