The slope of the supply of loanable funds is based on the logic that an increase in interest rates
a. makes saving more attractive.
b. makes saving less attractive.
c. makes investment more attractive.
d. makes investment less attractive.
a
Economics
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If income increases we know for sure that the:
a. demand curve will shift to the right b. demand curve will shift to the left c. demand curve will stay the same since only price affects it d. supply curve will shift to the right e. none of the above
Economics
Firms in perfect competition produce the productively efficient output level in the short run and in the long run
Indicate whether the statement is true or false
Economics