Economic

Question 27 {1 point] Choose the correct statement. 0 A fall in the overnight loans rate that increases the supply of bank loans ' increases the SUPPIY of loanable funds and lowers the equilibrium real interest rate. Demand and supply in the loanable funds market determine the long-term real interest rate. 0 In the short run. the supply of loanable funds is influenced by the supply of bank loans. C} The longterm real interest rate influences expenditure decisions. 0 All of the above are correct. Question 12 (1 point) If the saving function is S = -25 + 0.4YD, then autonomous consumption is O -25. O 25. 15. O 0.6. 10.Question 3 [1 point] The economy is in a recession, the recessionary gap is large, and there is a budget deficit. The budget deficit is ________ . Automatic fiscal policy is __ the output gap. 0 total composed of a structural deficit: increasing 0 totally composed of a cyclical deficit; decreasing O totally composed of a cyclical deficit; increasing 0 at least partly composed of a cyclical deficit; increasing 0 at least partly composed of a cyclical deficit: decreasing