The Federal Reserve's surveys of bank loan officers can help the Fed determine whether:
A) a drop in the quantity of loans granted resulted from fewer applications or a tightening of credit standards.
B) an increase in the quantity of loans granted resulted from fewer applications or a tightening of credit standards.
C) climbing interest-rate spreads are the result of more borrowers or fewer loans being granted.
D) an increase in the quantity of new loans was due to a decrease in supply or an increase in demand.
Correct Answer:
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