When interest rate is lower than equilibrium rate of borrowing loanable funds then financial system has
A. surplus of funds
B. deficit of funds
C. short-term funds
D. long-term funds
Answer: Option B
A. surplus of funds
B. deficit of funds
C. short-term funds
D. long-term funds
Answer: Option B
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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