5. If the business community becomes more optimistic about the profitability of capital, the______curve for loanable funds
Question:
5. If the business community becomes more optimistic about the profitability of capital, the______curve for loanable funds would shift, driving the equilibrium interest rate_____.
a. supply, up
b. supply, down
c. demand, up
d. demand, down
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
Question Posted: