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pirex pirex
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6 years ago
During the Iraq War, the U.S. government continued to borrow funds and yet the interest rate was steady or slightly declined. What could explain this?
A) The U.S. crowded out private saving.
B) The U.S. crowded out private borrowing.
C) The supply of loanable funds increased by a greater proportion than demand increased.
D) The supply of loanable funds increased by a smaller proportion than demand increased.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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6 years ago
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pirex Author
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6 years ago
Brilliant ツ
wyq2651
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Yesterday
Smart ... Thanks!
rudy.zondo
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2 hours ago
This helped my grade so much Perfect
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