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Below is the market for bank credit: C Ca Figure 10.4 The market for bank credit C 1) Explain the supply and demand curve of
Below is the market for bank credit: C Ca Figure 10.4 The market for bank credit C 1) Explain the supply and demand curve of bank credit in terms of its shape and slope. 2) Businesses/households expect that their future is great and thus they are more willing to invest/consume more by taking on more loans. On the other hand, banks start to raise credit standards, less willing to provide credit services due to the recently introduced strict regulation. What will happen to credit demand and supply curve to the credit market
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