Answer:
a. Dan saves a portion of his income in an interest-earning account. In the loanable funds market, Dan is <u>a supplier of loanable funds</u>.
b. John owns a pizzeria and needs to borrow money for a new oven. In the loanable funds market, John is <u>a demander of loanable funds</u>.
c. Savers like Dan are likely to save more when the real interest rate <u>increases</u>. Therefore, the supply curve for loanable funds <u>slopes upwards</u>.
d. Borrowers like John are likely to borrow more when the real interest rate <u>decreases</u>. Therefore, the demand curve for loanable funds <u>slopes downwards</u>.
Explanation:
a. Savers who invest their money in interest‑earning accounts are providing funds for others to borrow. They act as suppliers of loanable funds.
b. Borrowers are demanders of loanable funds. They often use these funds to expand productive capacity and pay interest for the use of the funds to the lender.
c. Savers offer their funds as loans and receive interest in return. Therefore, savers have an incentive to save more as the interest rate increases, since they thereby receive a higher return. The supply curve for loanable funds slopes upwards as a result.
d. Borrowers have an incentive to borrow more as interest rates fall, since as the cost of borrowing decreases, capital projects become more profitable. The demand curve for loanable funds slopes downwards as a result.
Explanation:
Fertility, mortality and migration are principal determinants of population growth. Population change depends on the natural increase changes seen in birth rates and the change seen in migration. Changes in population size can be predicted based on changes in fertility (births), mortality (deaths) and migration rates.
The Songhai Empire was located in Western Africa south of the Sahara Desert and along the Niger River. At its peak, it stretched well over 1,000 miles from the current modern day country of Niger to the Atlantic Ocean. The capital city of the Songhai was the city of Gao which was located in modern-day Mali on the banks of the Niger River.
Answer:
Sparta was ruled by two kings, who ruled until they died or were forced out of office. Athens was ruled by archons, who were elected annually. Thus, because both parts of Athens' government had leaders who were elected, Athens is said to have been the birthplace of democracy. Spartan life was simple.
Answer:
d. France
Explanation:
The French and Indian War was ended by the Treaty of Paris, which gave control of all French land in North America to England.
