Multiple Choice
Which of the following would most likely happen in the market for loanable funds if the government were to increase the tax on interest income?
A) The supply of loanable funds would shift right.
B) The demand for loanable funds would shift right.
C) The supply of loanable funds would shift left.
D) The demand for loanable funds would shift left.
Correct Answer:
Verified
Correct Answer:
Verified
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