The demand for loanable funds slopes ______ because an increase in the interest rate induces _______. a.
Fantastic news! We've Found the answer you've been seeking!
Question:
- The demand for loanable funds slopes ______ because an increase in the interest rate induces _______.
- a. upward; more investment
- b. downward; less saving
- c. downward; less investment
Related Book For
Macroeconomics
ISBN: 978-1464168505
5th Canadian Edition
Authors: N. Gregory Mankiw, William M. Scarth
Posted Date: