At high levels of interest, borrowers will borrow ____ and suppliers will supply ____.
A)more; less
B)less; more
C)less; less
D)more; more

Question

Quizplus · Accepted Answer

At high levels of interest, borrowers are less inclined to borrow because the cost of borrowing is higher, while suppliers (or lenders) are more inclined to supply more funds because they can earn more interest on their loans.

At High Levels of Interest, Borrowers Will Borrow ____ and Suppliers