Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 4, Problem 8SCQ

Which of the following changes in the financial market will lead In an increase in the quantity of loans made and received:

  1. a rise in demand
  2. a fall in demand
  3. a rise in supply
  4. a fall in supply

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Which of the following changes in the financial market will lead to an increase in the quantity of loans made and received: a. a rise in demand b. a fall in demand c. a rise in supply d. a fall in supply
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Predict how each of the following economic changes will affect the equilibrium price and quantity in the financial market for home loans. Sketch a demand and supply diagram to support your answer.  People gain confidence that the economy is growing and that their jobs are secure.

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