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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 24
Over the last five years, Portlandia's average income has risen and caused the supply curve of loanable funds to increase and shift right.
a. Would the domestic interest rate have increased or decreased?
b. Given the change in the interest rate, would General Motors (GM) be more or less likely to open a Camaro plant in the country?
c. If Portlandia hits a recession and interest rates fall, which way must the demand curve for loanable funds have shifted?
a. Would the domestic interest rate have increased or decreased?
b. Given the change in the interest rate, would General Motors (GM) be more or less likely to open a Camaro plant in the country?
c. If Portlandia hits a recession and interest rates fall, which way must the demand curve for loanable funds have shifted?
Explanation
Verified
Verified
a.Domestic Interest rate
The supply of ...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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