During a Recession, Firms Decrease Their Profit Expectations

question 3

Multiple Choice

During a recession, firms decrease their profit expectations. As a result, there is a ________ shift of the ________ loanable funds curve.

• A)rightward; supply of
• B)leftward; demand for
• C)rightward; demand for
• D)rightward, supply of
• E)leftward; demand for loanable funds curve and supply of

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