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Suppose That a New Bond Rating Service Is Established That

Question 54

Multiple Choice

Suppose that a new bond rating service is established that specializes in rating municipal bonds that had not previously been rated. The likely result would be


A) a shift to the right in the demand curve for bonds.
B) a shift to the left in the supply curve for loanable funds.
C) an increase in the equilibrium interest rate.
D) a decrease in the equilibrium interest rate.

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