Question: Question 3 1 ( 1 . 2 5 points ) Consider the market for loanable funds. Which of the following best describes why the demand

Question 31(1.25 points)
Consider the market for loanable funds. Which of the following best describes why
the demand curve is downward sloping?
The higher the interest rate, the more likely households are to spend
The higher the interest rate, the less likely firms are to invest
The higher the interest rate, the more likely firms are to invest
The higher the interest rate, the more likely households are to save
 Question 31(1.25 points) Consider the market for loanable funds. Which of

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