If in the Past Congress Had Taken Additional Actions to Make

question 95

Multiple Choice

If in the past Congress had taken additional actions to make saving more rewarding,then today it is likely that the equilibrium interest rate

• A)and the equilibrium quantity of loanable funds both would be lower.
• B)and the equilibrium quantity of loanable funds both would be higher.
• C)would be higher and the equilibrium quantity of loanable funds would be lower.
• D)would be lower and the equilibrium quantity of loanable funds would be higher.

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Definitions:

Abnormal Subsurface

Relates to unexpected or unusual conditions below the ground surface, often encountered in construction or mining, that can impact the feasibility or the safety of projects.

Rock Formations

Naturally occurring arrangement of rocks in the environment, often characterized by unique shapes and compositions.

Excavation

The process of removing soil, rock, or other materials from a site to form a hole, cavity, or to uncover something buried.

Preexisting Legal Obligation

An obligation that existed before the current situation or agreement, which may affect the validity of a new contract.