Multiple Choice
John makes it a point to save a portion of his salary every month.Assuming all else equal,if the real interest rate increases,it is likely to cause ________.
A) an upward movement along John's credit supply curve
B) a downward movement along John's credit supply curve
C) John's credit supply curve to shift to the left
D) John's credit supply curve to shift to the right
Correct Answer:
Verified
Correct Answer:
Verified
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