John Makes It a Point to Save a Portion of His

question 22

Multiple Choice

John makes it a point to save a portion of his salary every month.Assuming all else equal,if the real interest rate increases,it is likely to cause ________.

• A) an upward movement along John's credit supply curve
• B) a downward movement along John's credit supply curve
• C) John's credit supply curve to shift to the left
• D) John's credit supply curve to shift to the right