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In October 2008, Iceland's central bank increased its lending rate to 18% in an effort to prop up the country's frozen current and markets. as

In October 2008, Iceland's central bank increased its lending rate to 18% in an effort to prop up the country's frozen current and markets."

as a result there was __ holding all else the same.

  • A right ward shift in the supply curve for krona
  • a movement up word along the supply curve for krona
  • an increase in the quantity supplied of Krona
  • A leftward shift in the supply curve for Krona

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