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The Following Figure Shows Two Credit Demand Curves, CD₁ and CD₂

Question 122

Multiple Choice

The following figure shows two credit demand curves, CD₁ and CD₂, and two credit supply curves, CS₁ and CS₂.
The following figure shows two credit demand curves, CD₁ and CD₂, and two credit supply curves, CS₁ and CS₂. -Refer to the figure above.What is the equilibrium quantity of credit when the credit demand curve is CD₁ and the credit supply curve is CS₁? A) $20 B) $30 C) $40 D) $50
-Refer to the figure above.What is the equilibrium quantity of credit when the credit demand curve is CD₁ and the credit supply curve is CS₁?


A) $20
B) $30
C) $40
D) $50

Correct Answer:

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