If the quantity of loanable funds supplied is greater than the quantity demanded, what are the excess funds used for? a. Canadians to purchase foreign financial assets b. Canadians to purchase domestic investments c. foreigners to purchase Canadian assets d. foreigners to purchase Canadian goods

If the quantity of loanable funds supplied is greater than the quantity demanded, what are the excess funds used for? a. Canadians to purchase foreign financial assets b. Canadians to purchase domestic investments c. foreigners to purchase Canadian assets d. foreigners to purchase Canadian goods

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: A Macroeconomic Theory Of The Open Economy

Section14.1: Supply And Demand For Loanable Funds And For Foreign-currency Exchange

Problem 1QQ

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Question

If the quantity of loanable funds supplied is greater than the quantity demanded, what are the excess funds used for?

a. Canadians to purchase foreign financial assets

b. Canadians to purchase domestic investments

c. foreigners to purchase Canadian assets

d. foreigners to purchase Canadian goods

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