When a government reduces its budget deficit, then that country's

a. supply of loanable funds shifts right.
b. supply of loanable funds shifts left.
c. demand for loanable funds shifts right.
d. demand for loanable funds shifts left.

a

Economics

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The so-called "Lake Wobegon effect", where everyone in a group claim to be above average, illustrates the:

A. Confirmation bias B. Framing effect C. Overconfidence effect D. Self-serving bias

Economics

The lending facility that allows any bank to borrow reserves from the Fed is called the:

A. reserve window. B. discount window. C. borrower of last resort. D. reserve rate.

Economics