Figure 14-6
-Refer to Figure 14-6.The loanable funds market is in equilibrium,as shown in the figure above.As a result of an increase in the government budget deficit,the ________ for loanable funds will ________,thereby ________ the equilibrium real interest rate and ________ the equilibrium quantity of loanable funds.
Definitions:
Body Language
Nonverbal communication through physical behaviors, such as gestures, facial expressions, and posture.
Cultural Preferences
The tendencies or inclinations of individuals or groups toward certain beliefs, practices, or objects based on their cultural background.
Stereotyping
Putting similar people or events into a single category, even though significant differences exist.
Stereotyping
The act of assigning a set of characteristics to all members of a group, disregarding individual differences.
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