The fact that U.S. citizens expect to receive retirement benefits through Social Security and Medicare causes the _______ loanable funds to be _______ than it would be if these programs did not exist.
A) demand for; greater
B) demand for; lesser
C) supply of; greater
D) supply of; lesser

Question

Quizplus · Accepted Answer

The expectation of receiving retirement benefits reduces the need for personal savings, thus decreasing the supply of loanable funds.

The Fact That U