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-Refer to Figure 32-5

Question 48

Multiple Choice

-Refer to Figure 32-5.If the interest rate were initially at r₂ and an import quota were imposed,the interest rate would A) stay at r₂. B) decrease because supply would shift right. C) increase because supply would shift left. D) decrease because demand would shift left.
-Refer to Figure 32-5.If the interest rate were initially at r₂ and an import quota were imposed,the interest rate would


A) stay at r₂.
B) decrease because supply would shift right.
C) increase because supply would shift left.
D) decrease because demand would shift left.

Correct Answer:

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