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Which of the following would most likely happen in the market for loanable funds if the government were to increase the tax on interest income?

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Which of the following would most likely happen in the market for loanable funds if the government were to increase the tax on interest income? Select one: O Both interest rates and savings would rise. O Interest rates would rise and savings would fall. O Both interest rates and savings would fall. Interest rates would fall and savings would rise

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