Determine if the following people are demanders, suppliers, or not involved in the market for loanable funds.

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a. Latisha wants to save up for a new laptop to use in her business, so she puts aside $100 a month until she can afford it.

b. Gerardo borrows $30,000 from his local bank for a new addition to his warehouse.

c. Dana buys $1,200 of stocks every year in her retirement account.

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Principles Of Economics

ISBN: 9781429237864

1st Edition

Authors: Betsey Stevenson, Justin Wolfers

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Question Posted: Mar 08, 2024 03:00 AM

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Determine if the following people are demanders, suppliers, or not involved in the market for loanable funds.

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a Latisha is not directly involved in the market for loanable funds with respect to the given scenar...View the full answer

Principles Of Economics

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