Indicate the Quantity demanded and Quantity supplied of loanable funds if the Interest rates increases by 2% (from the equilibrium rate). would changed in interest rate cause a movement along the curve or shift? Interest rate 24% 22 20 S J 18 16 14 12 10 8 6 4 2 ° $200 400 600 D 800 1,000 1,200 Quantity of loanable funds (billions of dollars) Indicate the Quantity demanded and Quantity supplied of loanable funds if the Interest rates increases by 2% (from the equilibrium rate). would changed in interest rate cause a movement along the curve or shift?
Indicate the Quantity demanded and Quantity supplied of loanable funds if the Interest rates increases by 2% (from the equilibrium rate). would changed in interest rate cause a movement along the curve or shift? Interest rate 24% 22 20 S J 18 16 14 12 10 8 6 4 2 ° $200 400 600 D 800 1,000 1,200 Quantity of loanable funds (billions of dollars) Indicate the Quantity demanded and Quantity supplied of loanable funds if the Interest rates increases by 2% (from the equilibrium rate). would changed in interest rate cause a movement along the curve or shift?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Indicate the Quantity demanded and Quantity supplied of loanable funds if the Interest rates increases by 2% (from the
equilibrium rate). would changed in interest rate cause a movement along the curve or shift?
Interest
rate
24%
22
20
'
18
16
14
12
10
a
6
4
2
Y
S
°
$200
$400
600
D
800 1,000
1,200
Quantity of leanable funds (billions of dollars)
Indicate the Quantity demanded and Quantity supplied of loanable
funds if the Interest rates increases by 2% (from the equilibrium rate).
would changed in interest rate cause a movement along the curve or
shift?
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