Multiple Choice
Which of the following statements is false?
A) The quantity supplied of loanable funds and the interest rate are inversely related.
B) The supply curve of loanable funds is upward sloping.
C) One of the reasons the federal government demands loanable funds is that it needs to finance budget deficits.
D) Savers are people who consume less than their current income.
Correct Answer:
Verified
Correct Answer:
Verified
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