Fred is considering expanding his dress shop.If interest rates rise he is
A) less likely to expand.This illustrates why the supply of loanable funds slopes downward.
B) more likely to expand.This illustrates why the supply of loanable funds slopes upward.
C) less likely to expand.This illustrates why the demand for loanable funds slopes downward.
D) more likely to expand.This illustrates why the demand for loanable funds slopes upward.
Correct Answer:
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