Everything else remaining unchanged, what is likely to happen to the equilibrium real interest rate and quantity of credit if the credit supply curve shifts to the right?
A) The equilibrium rate of interest will increase and the quantity of credit will decrease.
B) The equilibrium rate of interest will decrease and the quantity of credit will increase.
C) Both equilibrium rate of interest and quantity of credit will increase.
D) Both equilibrium rate of interest and quantity of credit will decrease.
B
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Regression coefficients are indicators of the impact of independent variables on dependent variables.
A. True B. False C. Uncertain
What would most likely increase the demand for peanut butter?
What will be an ideal response?
If a bank has demand deposits of $100 million, how much are its required reserves?
What will be an ideal response?
Pierre can produce either a combination of 20 bow ties and 30 neckties or a combination of 35 bow ties and 15 neckties. If he now produces 35 bow ties and 15 neckties, what is the opportunity cost of producing an additional 15 neckties?
A) 2 bow ties B) 15 bow ties C) 20 bow ties D) 35 bow ties