QUESTION 1 Based on the supply and demand for loanable funds, explain why interest rates wereso high during the late 1970s. a. High inflation b. Low inflation c. High corporate investment d. Low corporate investment QUESTION 5 The Bureau of Labor Statistics will reported that the unemployment rate fell from 10.2% to 8.4% in August. Based on a survey of economists, market participants were expecting the unemployment rate to be 9.5%. Based on the logic of the supply and Demand for Loanable funds, what do you think happened to interest rates on the day of the BLS report? a. Interest rates decreased. O b. Interest rates increased. O Interest rates did not change