The following figure shows credit demand and credit supply curves.
-Refer to the figure above.Which of the statements below could explain a shift of equilibrium in the credit market from point C to point D?
A) Decreased federal requirements for how much a company has to contribute to its employees' 401Ks.
B) Domestic firms are suffering loss of revenue and business opportunity due to new trade laws.
C) Millennials eat out more and save less than previous generations.
D) Over time, people prefer smaller and smaller houses.
Correct Answer:
Verified
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