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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 4
If the business community becomes more optimistic about the profitability of capital, the _________ curve for loanable funds would shift, driving the equilibrium interest rate _________.
A) supply, up
B) supply, down
C) demand, up
D) demand, down
A) supply, up
B) supply, down
C) demand, up
D) demand, down
Explanation
Verified
Verified
In an economy, business community is mor...
Essentials of Economics 7th Edition by Gregory Mankiw
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