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Suppose the interest rates for mutual funds market were to decrease by a significant amount. Ceteris paribus, how would you expect the supply curve for
Suppose the interest rates for mutual funds market were to decrease by a significant amount. Ceteris paribus, how would you expect the supply curve for certificate of deposit accounts (a substitute good) to change in response to this? Select the correct answer below: The supply curve will shift to the left. The supply curve will shift to the right. The supply curve will not change, but the quantity supplied will increase. The supply curve will not change, but the quantity supplied will decrease
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