In 2008 the fall in the value of the stock market decreased people's wealth.As a result of this change alone, the supply of loanable funds
A) increased.
B) did not change and there was no movement along the supply of loanable funds curve.
C) decreased.
D) did not change and there was an upward movement along the supply of loanable funds curve.
E) did not change and there was a downward movement along the supply of loanable funds curve.

Question

Quizplus · Accepted Answer

The Answer of In 2008 the fall in the value of the stock market decreased people's wealth.As a result of this change alone, the supply of loanable funds
A) increased.
B) did not change and there was no movement along the supply of loanable funds curve.
C) decreased.
D) did not change and there was an upward movement along the supply of loanable funds curve.
E) did not change and there was a downward movement along the supply of loanable funds curve.

In 2008 the Fall in the Value of the Stock