An Increase in the Demand for Borrowing Will Cause the Equilibrium

question 177

Multiple Choice

An increase in the demand for borrowing will cause the equilibrium quantity of borrowing to:

• A) increase.
• B) decrease.
• C) remain unchanged.
• D) first increase and then decrease.

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Definitions:

Total Fertility Rate

The average number of children born to a woman during her lifetime.

Born

The process of coming into life or entering into existence.

K-strategists

Species that produce fewer offspring, with a focus on long term survival and quality of upbringing, often in stable environments.

Trees

Perennial plants with an elongated stem, or trunk, supporting branches and leaves, typically living for many years.