Problem
1. (Consumption, Saving, and Time) Explain why the supply of loanable funds curve slopes upward to the right.
2. (Why Interest Rates Differ) At any given time, a range of interest rates prevails in the economy. What are some factors that contribute to differences among interest rates?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.