At an interest rate of 8 percent, borrowers demand is $30 billion. At 4 percent, borrowers would want to borrow

Name: At an interest rate of 8 percent, borrowers demand is $30 billion. At 4 percent, borrowers would want to borrow
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As the interest rate decreases, the cost of borrowing becomes cheaper, leading to an increase in the demand for loans. Therefore, at a lower interest rate of 4 percent, borrowers would likely want to borrow more than $30 billion, making $45 billion the most plausible option.

At an Interest Rate of 8 Percent, Borrowers Demand Is