In 2008 the fall in the value of the stock market decreased people's wealth. As a result of this change alone, the supply of loanable funds
A) did not change, and there was an upward movement along the supply of loanable funds curve.
B) did not change, and there was no movement along the supply of loanable funds curve.
C) did not change, and there was a downward movement along the supply of loanable funds curve.
D) increased.
E) decreased.
Correct Answer:
Verified
Q36: Q37: Q38: Which of the following decreases the demand Q39: Q40: The demand for loanable funds curve shows Q42: Q43: A decrease in people's disposable income Q44: The real interest rate is _ related Q45: Q46: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) decreases