If Consumers Decide to Increase Their Rate of Saving, the _____.​

question 141

Multiple Choice

If consumers decide to increase their rate of saving, the _____.​

• A)supply of loanable funds will decrease
• B)supply of loanable funds will increase
• C)demand for loanable funds will decrease
• D)quantity of loanable funds demanded will increase
• E)quantity of loanable funds supplied will increase

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Definitions:

Hearsay Evidence

Statements made outside of court that are offered in court to prove the truth of the matter asserted, which are generally inadmissible unless they fall under an exception to the hearsay rule.

Statement of Defence

A legal document filed in court by the defendant, outlining their defense against the claims made in a lawsuit.

Counterclaim

A legal claim brought against the plaintiff by the defendant in a lawsuit, essentially a reverse lawsuit within the original legal action.

Writ of Summons

A legal document issued to initiate court proceedings, formally notifying the defendant of the action against them and requiring their response.