First, watch this vidoe: https:\/\/www.youtube.com\/watch?v=L-GouzQaAno<\/p>
<\/p>
As you may have heard on the news this past week, inflation spiked over the past couple of years (as measured by the CPI). The Federal Reserve began raising interest rates in presponse.<\/p>
https:\/\/www.barrons.com\/articles\/cpi-inflation-report-july-2022-data-51660078098<\/p>
<\/p>
What happens in the market for loanable funds (the market for the money people borrow to start businesses, buy cars, etc.) if interest rates rise? Think in terms of both supply and demand.<\/p>", "transcribed_text": "", "related_book": { "title": "Managing Human Resources", "isbn": "0190857560, 9780190857561", "edition": "12th Edition", "authors": "Susan E Jackson, Randall S Schuler, Steve Werner", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6188e9ee37ebc_2389.jpg", "uri": "\/textbooks\/managing-human-resources-12th-edition-0190857560", "see_more_uri": "" }, "free_related_book": { "isbn": "0743453026", "uri": "\/textbooks\/cross-bones-1st-edition-978-0743453028-101594", "name": "Cross Bones", "edition": "" }, "question_posted": "2024-06-13 05:08:10", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-football-coach-decides-to-estimate-the-kicking-accuracy-of", "description": "A football coach decides to estimate the kicking accuracy of a player who wants to join the team. 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