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    Exam 5: Understanding Interest Rates, Savings, and the Wealth Effect
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    In the Loanable Funds Theory of Interest Consumer Demand for Credit
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In the Loanable Funds Theory of Interest Consumer Demand for Credit

Question 21

Question 21

True/False

In the loanable funds theory of interest consumer demand for credit is assumed to be relatively elastic with respect to changes in the rate of interest.

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