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ch4aika [34]
3 years ago
14

Suppose that the demand for loanable funds for car loans in the milwaukee area is $10 million per month at an interest rate of 1

0 percent per year, $11 million at an interest rate of 9 percent per year, $12 million at an interest rate of 8 percent per year, and so on. if the supply of loanable funds is fixed at $15 million, what will be the equilibrium interest
Business
1 answer:
Tju [1.3M]3 years ago
4 0

Answer:

5 percent per year.

Explanation:

Base on the scenario been described in the question, where we saw the demand loanable funds for car loans in the milwaukee area is $10 million per month at an interest rate of 10 percent per year, $11 million at an interest rate of 9 percent per year, $12 million at an interest rate of 8 percent per year, if eventually the supply of loanable funds is fixed at $15 million, the equilibrium rate will be 5 percent per year because it is fixed

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Answer:

The correct answer is False.

Explanation:

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3 years ago
Three institutions that deal with human rights violations
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<span>European Union.Council of Europe.<span>Organisation of American States (OAS)</span></span>
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3 years ago
You decide that you need more information on how employees feel about diversity, so you create a paper and pencil survey on empl
fgiga [73]

Answer:

Discrimination against women and other minorities

Explanation:

The most likely ground for concern would be Discrimination against women and other minorities.

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What is an insurance premium?
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Answer:

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Explanation:

a

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3 years ago
A monopoly market is characterized by the inverse demand curve P = 1,200 – 40 Q and a constant marginal cost of $200. If the mar
Sergeeva-Olga [200]

Answer:

The profit maximizing output level declines by 2.5 units and the price rises by $100.

Explanation:

In a monopoly market the inverse demand curve is given as,

P = 1,200 - 40Q

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= Price\times Quantity

= 1,200Q - 40Q^{2}

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Now, if the marginal cost rises to $400,

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3 years ago
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