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Which of the following would make the equilibrium interest rate decrease and the equilibrium quantity of loanable funds increase?
Positivism
A philosophical approach advocating for the reliance on empirical evidence and scientific methods to acquire knowledge, minimizing metaphysical speculation.
Economic Philosophy
The study of values, principles, and practices that influence how an economy operates, including theories on production, distribution, consumption of goods and services.
Technology
The application of scientific knowledge for practical purposes, especially in industry and everyday life, encompassing both tangible tools and digital advancements.
Joseph Ernest Renan
A French expert in Semitic languages and civilizations, philosopher, historian, and writer, known for his influential works on the history of religion and his philosophical approach to nationalism.
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