Multiple Choice
Kathleen is considering expanding her dress shop.If interest rates rise she is
A) less likely to expand.This illustrates why the supply of loanable funds slopes downward.
B) more likely to expand.This illustrates why the supply of loanable funds slopes upward.
C) less likely to expand.This illustrates why the demand for loanable funds slopes downward.
D) more likely to expand.This illustrates why the demand for loanable funds slopes upward.
Correct Answer:
Verified
Correct Answer:
Verified
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