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16. Business demand for loanable funds is negatively related to interest rates because A. Business thrives on high interest rates B. Lower interest rates result

16. Business demand for loanable funds is negatively related to interest rates because

A. Business thrives on high interest rates

B. Lower interest rates result in a higher net present value of a prospective project

C. Banks refuse to loan at higher interest rates

D. High interest rates are prohibited by the Financial Reform Act of 2010

E. None of the above

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