12. Suppose the interest rate decreases. Other things constant, how will the loanable funds market be affected? a. The demand for loanable funds curve will shift to the right. b. The demand for loanable funds curve will shift to the left. c. The quantity of loanable funds demanded will increase. d. The quantity of loanable funds supplied will increase. 13. Suppose a research lab fired a chemist, and then an environmental protection group hired the chemist at the same salary. What would be the net effect of these events on aggregate demand? a. The aggregate demand would shift rightward. b. The aggregate c. The aggregate demand would shift leftward. demand would become steeper. demand would remain the same.
12. Suppose the interest rate decreases. Other things constant, how will the loanable funds market be affected? a. The demand for loanable funds curve will shift to the right. b. The demand for loanable funds curve will shift to the left. c. The quantity of loanable funds demanded will increase. d. The quantity of loanable funds supplied will increase. 13. Suppose a research lab fired a chemist, and then an environmental protection group hired the chemist at the same salary. What would be the net effect of these events on aggregate demand? a. The aggregate demand would shift rightward. b. The aggregate c. The aggregate demand would shift leftward. demand would become steeper. demand would remain the same.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:12. Suppose the interest rate decreases. Other things constant, how will the loanable funds market be affected?
a. The demand for loanable funds curve will shift to the right.
b. The demand for loanable funds curve will shift to the left.
c. The quantity of loanable funds demanded will increase.
d. The quantity of loanable funds supplied will increase.
13. Suppose a research lab fired a chemist, and then an environmental protection group hired the chemist at the same
salary. What would be the net effect of these events on aggregate demand?
a. The aggregate demand would shift rightward.
b. The aggregate demand would shift leftward.
c. The aggregate demand would become steeper.
d. The aggregate demand would remain the same.
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