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10 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900

Macroeconomics: Private and Public Choice (MindTap Course List)
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST5: The Great Recession Of 2008-2009: Causes And Response
Section: Chapter Questions
Problem 5CQ
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Assume that the table represents the financial capital market of Yemen. Compute the market shortage if the interest rate is set equal to 11%. Quantity of financial Interest Quantity of financial capital demanded Rate (%) capital supplied ($ billion) ($ billion) 10 1100 900 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900 billon Market Shortage = $ 80
Transcribed Image Text:Assume that the table represents the financial capital market of Yemen. Compute the market shortage if the interest rate is set equal to 11%. Quantity of financial Interest Quantity of financial capital demanded Rate (%) capital supplied ($ billion) ($ billion) 10 1100 900 11 800 720 11.5 700 660 12 600 600 12.5 500 850 13.00 400 900 billon Market Shortage = $ 80
Various forms of capital are used in the production of final goods and services. However, the term financial capital market refers to a market where firms with goods and services and households which demand goods and services interact. a market where households with savings and firms which demand funds for investment interact. a market where households with human capital and firms which demand human capital interact. O a market where households with intangible capital and firms which demand intangible capital interact.
Transcribed Image Text:Various forms of capital are used in the production of final goods and services. However, the term financial capital market refers to a market where firms with goods and services and households which demand goods and services interact. a market where households with savings and firms which demand funds for investment interact. a market where households with human capital and firms which demand human capital interact. O a market where households with intangible capital and firms which demand intangible capital interact.
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