A Higher Interest Rate Makes _____ More Attractive

question 138

Short Answer

A higher interest rate makes _____ more attractive. Therefore the quantity of loanable funds supplied increases.

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Definitions:

Consumer Financial Protection Bureau

A U.S. government agency that aims to ensure consumers are treated fairly by banks, lenders, and other financial institutions.

Federal Reserve Board

The governing body of the Federal Reserve System, responsible for overseeing the nation's monetary policy and regulating banks.

Net Quantity

The actual amount or quantity of a product, excluding any packaging or container.

Telephone Order Merchandise Rule

A regulation designed to protect consumers in transactions made over the telephone, ensuring clear disclosure of terms and conditions.