The supply of loanable funds is an upward-sloping curve because the
A) higher the interest rate, the more households consume and the more households save.
B) higher the interest rate, the less households consume and the more households save.
C) lower the interest rate, the more households consume and the more households save.
D) lower the interest rate, the less households consume and the more households save.
Correct Answer:
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Q161: Which of the following will increase the
Q162: Q163: An increase in the demand for loanable Q164: Which of the following statements about interest Q165: Q167: Q168: Which of the following would cause an Q169: Suppose many businesses want to increase their Q170: A decrease in the supply of loanable Q171: 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![]()
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