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The Supply of Loanable Funds Is an Upward-Sloping Curve Because

Question 137

Multiple Choice

The supply of loanable funds is an upward-sloping curve because the


A) higher the interest rate, the more households consume and the more households save.
B) higher the interest rate, the less households consume and the more households save.
C) lower the interest rate, the more households consume and the more households save.
D) lower the interest rate, the less households consume and the more households save.

Correct Answer:

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