The repeal of a previously existing tax credit causes borrowers to demand less loanable funds. Because the quantity of loanable funds pressure on interest rates. This change in demanded is now less than interest rates causes a(n) decrease the quantity of loanable funds supplied, there is downward in the quantity of loanable funds supplied.

The repeal of a previously existing tax credit causes borrowers to demand less loanable funds. Because the quantity of loanable funds pressure on interest rates. This change in demanded is now less than interest rates causes a(n) decrease the quantity of loanable funds supplied, there is downward in the quantity of loanable funds supplied.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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