In 2002 mortgage rates fell and mortgage lending increased. Which of the following could explain both of these changes?
A) The demand for loanable funds shifted rightward.
B) The demand for loanable funds shifted leftward.
C) The supply of loanable funds shifted rightward.
D) The supply of loanable funds shifted leftward.
Correct Answer:
Verified
Q210: Which of the following would necessarily create
Q211: Figure 26-2
The figure depicts a supply-of-loanable-funds curve
Q212: Figure 26-1
The figure depicts a demand-for-loanable-funds curve
Q213: If the government instituted an investment tax
Q214: Which of the following counts as part
Q216: Figure 26-2
The figure depicts a supply-of-loanable-funds curve
Q217: If the nominal interest rate is 8
Q218: If the demand for loanable funds shifts
Q219: Figure 26-3
The figure shows two demand-for-loanable-funds curves
Q220: A larger budget deficit
A)raises the interest rate
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