If and when the demand of loanable funds shifts to the left: Group of answer choices 1. This is good news for people who rely on the interest earnings from their savings but bad news for people who have outstanding home loans. 2. This is bad news for people who rely on the interest earnings from their savings but good news for people who have outstanding home loans. 3. This is good news both for people who rely on the interest earnings from their savings as well as those who have outstanding home loans. 4. This is bad news both for people who rely on the interest earnings from their savings as well as those who have outstanding home loans
If and when the demand of loanable funds shifts to the left: Group of answer choices 1. This is good news for people who rely on the interest earnings from their savings but bad news for people who have outstanding home loans. 2. This is bad news for people who rely on the interest earnings from their savings but good news for people who have outstanding home loans. 3. This is good news both for people who rely on the interest earnings from their savings as well as those who have outstanding home loans. 4. This is bad news both for people who rely on the interest earnings from their savings as well as those who have outstanding home loans
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
If and when the
Group of answer choices
1. This is good news for people who rely on the interest earnings from their savings but bad news for people who have outstanding home loans.
2. This is bad news for people who rely on the interest earnings from their savings but good news for people who have outstanding home loans.
3. This is good news both for people who rely on the interest earnings from their savings as well as those who have outstanding home loans.
4. This is bad news both for people who rely on the interest earnings from their savings as well as those who have outstanding home loans.
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