Figure 26-4

question 114

Multiple Choice

Figure 26-4.On the horizontal axis of the graph,L represents the quantity of loanable funds in billions of dollars.
-Refer to Figure 26-4.The position and/or slope of the Supply curve are influenced by

• A)the level of public saving.
• B)the level of national saving.
• C)decisions made by people who have extra income they want to save and lend out.
• D)All of the above are correct.

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Definitions:

Federal Trade Commission

A U.S. federal agency established to prevent fraudulent, deceptive, and unfair business practices in the marketplace.

State Agency

A government body at the state level responsible for overseeing and implementing specific regulations and policies within its jurisdiction.

Equal Credit Opportunity Act

A U.S. law aimed at ensuring all consumers have an equal chance to obtain credit, prohibiting discrimination based on race, color, religion, national origin, sex, marital status, age, or because someone receives public assistance.

Consumer Credit

A form of credit extended to consumers to finance the purchase of goods, services, or for personal use, subject to repayment terms.