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QUESTION 3 Suppose that new economy firms like Airbnb and Uber continue to cause a reduction in construction of hotels and automobiles. Based on the
QUESTION 3 Suppose that "new economy" firms like Airbnb and Uber continue to cause a reduction in construction of hotels and automobiles. Based on the supply and demand for loanable funds, which of the following characterizes the change in supply/demand for loanable funds and the expected change in interest rates? (Assume nothing else changes.) Increase in demand for funds, interest rates increase O Decrease in demand for funds interest rates decrease O Increase in supply of funds, interest rates decrease O Decrease in supply of funds, interest rates increase
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