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When consumers have greater confidence that they will be able to repay loans in the future, the interest rate will rise. banks will offer more
When consumers have greater confidence that they will be able to repay loans in the future, the interest rate will rise. banks will offer more loans. banks will be more cautious about lending money. the demand for capital will shift to the right
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
