Question 2 What could explain the upward shift of the supply curve (from the blue supply curve to the red supply curve) in this graph of the loanable funds market? SI real interest S vate le Q Ge Q loanable funds O a. government budget deficits leading to "crowding out" O b. the government passes new tax breaks to businesses to increase investments O c. an increase in the price level O d. a tax cut on consumers' savings accounts earnings