When Wealth _{--------------------}, Saving Supply _{--------------------}and the Supply of Loanable

question 116

Multiple Choice

When wealth _{--------------------}, saving supply _{--------------------}and the supply of loanable funds curve shifts_{--------------------}
.

• A)increases; decreases; leftward
• B)increases; increases; leftward
• C)increases; increases; rightward
• D)decreases; decreases; leftward
• E)decreases; decreases; rightward

---

Definitions:

Credit Sales

Credit sales are transactions where the customer purchases goods or services with the agreement to pay at a later date, typically invoiced by the seller.

Prompt Payment

The act of settling a financial obligation on or before its due date.

Sales Returns

Transactions involving the return of sold goods from the customer to the seller, often resulting in a refund or credit.

Credit Sales

Sales made by a business where payment is delayed as per agreed terms.