
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Real interest rate (percent per year)
10
2
0
DLF
150 300 450 600 750 900
Loanable funds (billions of 2009 dollars)
In the above figure, technological progress that increases the expected profit will
shift the demand for loanable funds curve leftward.
shift the demand for loanable funds curve rightward.
have no effect on the demand for loanable funds curve.
make the demand for loanable funds curve become horizontal.
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