In 2008, the Many People Became Unable to Make Payments

Multiple Choice

In 2008, the many people became unable to make payments on their mortgages and instead defaulted on them. As a result, the ________ of loanable funds curve shifts ________ and real interest rate ________.

A) supply; leftward; increases
B) demand; leftward; increases.
C) supply; rightward; falls.
D) demand; rightward; decreases.