Considering the market for loanable funds as depicted in the given graph, a change that increased the quantity people want to save at any given interest rate would cause a new equilibrium at a:
A. higher interest rate and a lower equilibrium quantity of funds saved and invested.
B. lower interest rate and a higher equilibrium quantity of funds saved and invested.
C. higher interest rate and a higher equilibrium quantity of funds saved and invested.
D. lower interest rate and a lower equilibrium quantity of funds saved and invested.
Answer: B
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