If a popular TV show on personal finance convinces Americans to save more for retirement, the ________

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If a popular TV show on personal finance convinces Americans to save more for retirement, the ________ curve for loanable funds would shift, driving the equilibrium interest rate ________.

a. supply; up

b. supply; down

c. demand; up

d. demand; down

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Essentials Of Economics

ISBN: 9780357723166

10th Edition

Authors: N. Gregory Mankiw

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Question Posted: Feb 26, 2024 03:01 AM

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If a popular TV show on personal finance convinces Americans to save more for retirement, the ________

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The correct answer is a supply up Heres why Loanable funds This term refers to the pool of money ava...View the full answer

Essentials Of Economics

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