Solved

If the Desire for Present Consumption by Individuals and Households

Question 7

Multiple Choice

If the desire for present consumption by individuals and households increases,the supply of loanable funds will


A) shift to the right, causing the interest rate to rise.
B) shift to the right, causing the interest rate to fall.
C) shift to the left, causing the interest rate to fall.
D) shift to the left, causing the interest rate to rise.
E) be unaffected, but the demand for loanable funds will fall.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents