Solved

Refer to the Figure Below to Answer the Following Question

Question 45

Multiple Choice

Refer to the figure below to answer the following question.
Refer to the figure below to answer the following question.    Figure 7.2.1 -In Figure 7.2.1, the economy is at point A.What happens if the real interest rate rises? A) There is a movement to a point such as B. B) The demand for loanable funds curve shifts rightward to curve DLF<sub>2</sub>. C) The demand for loanable funds curve shifts leftward to curve DLF<sub>1</sub>. D) Either A or B can occur. E) Either A or C can occur. Figure 7.2.1
-In Figure 7.2.1, the economy is at point A.What happens if the real interest rate rises?


A) There is a movement to a point such as B.
B) The demand for loanable funds curve shifts rightward to curve DLF2.
C) The demand for loanable funds curve shifts leftward to curve DLF1.
D) Either A or B can occur.
E) Either A or C can occur.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents