Figure 13-2 -Refer to the Figure13-2.If the Interest Rate Was Initially at Was

question 65

Multiple Choice

Figure 13-2
-Refer to the Figure13-2.If the interest rate was initially at r0 and an import quota was imposed,what would happen to the real interest rate?

• A) It would not change because the world interest rate is not affected.
• B) It would decrease because supply would shift right.
• C) It would not change because both supply and demand would shift right.
• D) It would decrease because demand would shift left.

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