Refer to the graph below to answer questions 2 and 3: Interest Rate Quantity of Loanable Funds On the graph, an increase in expected rates of return would cause: a. the interest rate to increase O b. the quantity of saving and borrowing to decrease C. Both of the above O d. Neither of the above QUESTION 3 On the graph, a decrease in expected rates of return would cause a. the demand curve to shift to the right b. the demand curve to shift to the left the supply curve to shift to the right d. the supply curve to shift to the left S
Refer to the graph below to answer questions 2 and 3: Interest Rate Quantity of Loanable Funds On the graph, an increase in expected rates of return would cause: a. the interest rate to increase O b. the quantity of saving and borrowing to decrease C. Both of the above O d. Neither of the above QUESTION 3 On the graph, a decrease in expected rates of return would cause a. the demand curve to shift to the right b. the demand curve to shift to the left the supply curve to shift to the right d. the supply curve to shift to the left S
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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