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jonaschem16 jonaschem16
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10 months ago

The upward-sloping supply of loanable funds curve assumes that



the higher the interest rate, the greater the supply of loanable funds.



the higher the price for loanable funds, the higher the quantity of loanable funds supplied.



the income effect of a higher interest rate outweighs the substitution effect.



supply of loanable funds is perfectly elastic.

Textbook 
Economics

Economics


Edition: 12th
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eminemluvr87eminemluvr87
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10 months ago
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jonaschem16 Author
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10 months ago
Good timing, thanks!
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Yesterday
Helped a lot
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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