In the above figure, technological progress that increases the expected profit will O shift the demand for loanable funds curve leftward. O shift the demand for loanable funds curve rightward. O have no effect on the demand for loanable funds curve. O make the demand for loanable funds curve become horizontal.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Real interest rate (percent per year)
10
2
0
DLF
150 300 450 600 750 900
Loanable funds (billions of 2009 dollars)
In the above figure, technological progress that increases the expected profit will
shift the demand for loanable funds curve leftward.
shift the demand for loanable funds curve rightward.
have no effect on the demand for loanable funds curve.
make the demand for loanable funds curve become horizontal.
Transcribed Image Text:Real interest rate (percent per year) 10 2 0 DLF 150 300 450 600 750 900 Loanable funds (billions of 2009 dollars) In the above figure, technological progress that increases the expected profit will shift the demand for loanable funds curve leftward. shift the demand for loanable funds curve rightward. have no effect on the demand for loanable funds curve. make the demand for loanable funds curve become horizontal.
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