Question: After a devastating hurricane, households try to secure loans to repair and rebuild. Other things equal, this would lead to A) an increase in interest
After a devastating hurricane, households try to secure loans to repair and rebuild. Other things equal, this would lead to
A) an increase in interest rates of home repair loans as the supply for those loans decreased.
B) an increase in interest rates of home repair loans as the demand for those loans increased.
C) a decrease in interest rates of home repair loans as the supply for those loans increased.
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