Applied to the loanable funds market, the Law of Supply dictates that.. A)Lenders will seek to offer more loans to potential borrowers at higher interest rates than lower ones B)Lenders will seek to offer more loans to potential borrowers at lower interest rates than higher ones C)Borrowers will seek to acquire more loans at higher interest rates than lower interest rates.
Applied to the loanable funds market, the Law of Supply dictates that.. A)Lenders will seek to offer more loans to potential borrowers at higher interest rates than lower ones B)Lenders will seek to offer more loans to potential borrowers at lower interest rates than higher ones C)Borrowers will seek to acquire more loans at higher interest rates than lower interest rates.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Applied to the loanable funds market, the Law of Supply dictates that..
A)Lenders will seek to offer more loans to potential borrowers at higher interest rates than lower ones
B)Lenders will seek to offer more loans to potential borrowers at lower interest rates than higher ones
C)Borrowers will seek to acquire more loans at higher interest rates than lower interest rates.
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law of supply - It other things are remain unchanged then quantity and the price of a product is positively corelated.
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