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According to the loanable funds approach to interest rate determination, the demand curve slopes downward because: Select one: a. when interest rates are low, inflation

image text in transcribed According to the loanable funds approach to interest rate determination, the demand curve slopes downward because: Select one: a. when interest rates are low, inflation is low. b. the lower the interest rates, the greater the demand for funds. c. the higher the interest rates, the greater the demand for funds. d. the lower the interest rates, the smaller the demand for funds

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