In a large open economy, why is the supply of loanable funds upward sloping?
1.a lower interest rate makes borrowing more expensive.
2.a lower real interest rate encourages people to save.
3.a higher real interest rate encourages people to save.
4.a higher real interest rate discourages domestic consumers from buying foreign assets.

Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.