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k0ka [10]
3 years ago
8

The slope of the supply of loanable funds curve represents the

Business
1 answer:
alekssr [168]3 years ago
7 0

Full Question:

The slope of the supply of loanable funds curve represents the

a. positive relation between the real interest rate and investment.

b. positive relation between the real interest rate and saving.

c. negative relation between the real interest rate and investment.

d. negative relation between the real interest rate and saving.

Answer:

The correct answer is C) The slope of the supply of loanable funds curve represents the <em>negative relation between the real interest rate and investment.      </em>

                                                                                     

Explanation:

Some government policies, such as investment tax credits, basically lower the cost of borrowing money at every real interest rate. Such policies make investing attractive and would increase the demand for loanable funds. Other policies, such as budget deficits, might increase the demand for loanable funds.

Cheers!                  

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4 years ago
A production facility employs 10 workers on the day shift, 8 workers on the swing shift, and 6 workers on the graveyard shift. A
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Answer:

The answer is below

Explanation:

A What is the probability that all 4 selected workers will be the day shift?

B What is the probability that all 4 selected workers will be the same shift?

C What is the probability that at least two different shifts will be represented among the selected workers.

A)

The total number of workers = 10 + 8 + 6 = 24

The probability that all 4 selected workers will be the day shift is given as:

P_a=\frac{C(10,4)}{C(24,4)}= \frac{210}{10626}=0.0198

C(n,r)=\frac{n!}{(n-r)!r!}

B) The probability that all 4 selected workers will be the same shift (P_B) = probability that all 4 selected workers will be the day shift + probability that all 4 selected workers will be the swing shift + probability that all 4 selected workers will be the graveyard shift.

Hence:

P_B=\frac{C(10,4)}{C(24,4)}+\frac{C(8,4)}{C(24,4)}+\frac{C(6,4)}{C(24,4)}=0.0198+0.0066+0.0014=0.0278

C) The probability that at least two different shifts will be represented among the selected workers (P_C)= 1 - the probability that all 4 selected workers will be the same shift(P_B)

P_C=1-P_B\\\\P_C=1-0.0278\\\\P_C=0.972

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