If the amount of loanable funds requested exceeds the amount of loanable funds provided, A. there is an excess and the interest rate is above the equilibrium level. B. there is a shortage and the interest rate is below the equilibrium level. C. there is a surplus and the interest rate is below the equilibrium level. D. there is a shortage and the interest rate is above the equilibrium level. LA Moving to another question will save that answer.
Answer 1
ANSWER – B
If the amount of loanable funds requested exceeds the amount
loan funds provided,
there is a shortage and the interest rate is lower than the
balance level.
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