Business, 19.12.2019 00:31, jdiffenbaugh115

If the quantity of loanable funds demanded exceeds the quantity of loanable funds

a. there is a surplus and the interest rate is above the equilibrium level.
b. there is a surplus and the interest rate is below the equilibrium level.
c. there is a shortage and the interest rate is above the equilibrium level.
d. there is a shortage and the interest rate is below the equilibrium level.

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If the quantity of loanable funds demanded exceeds the quantity of loanable funds

a. th...