Complete the following statements. a. Dan saves a portion of his income in an interest-earning account. In the loanable funds market, Dan is    b. John owns a pizzeria and needs to borrow money for a new oven. In the loanable funds market, John is    c. Savers like Dan are likely to save more when the real interest rate    . Therefore, the supply of loanable funds

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter21: Financial Markets, Saving, And Investment
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Complete the following statements.
a. Dan saves a portion of his income in an interest-earning account. In the loanable funds market, Dan is 
 
b. John owns a pizzeria and needs to borrow money for a new oven. In the loanable funds market, John is 
 
c. Savers like Dan are likely to save more when the real interest rate 
 
. Therefore, the supply of loanable funds 
 
Look at images for word bank 
.
d. Borrowers like John are likely to borrow more when the real interest rate 
 
 . Therefore, the demand for loanable funds 
 
.
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