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Refer to the Following Graph to Answer the Following Questions

question 122

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Refer to the following graph to answer the following questions: Refer to the following graph to answer the following questions:   -Assuming the figure represents the market for loanable funds,which of the following would represent an increase in household wealth? A)  a shift from line 1 to line 4 B)  a shift from line 4 to line 1 C)  a shift from line 2 to line 3 D)  movement from A to B E)  a new shortage of loanable funds represented by the distance from C to D
-Assuming the figure represents the market for loanable funds,which of the following would represent an increase in household wealth?


Definitions:

Irrigation System

A network of channels, pipes, or ditches designed to transport water to areas where it is needed for agricultural purposes.

Reasonable Estimate

An approximation or educated guess based on available information and sound judgment, considered to be fair under the circumstances.

Breaches

Acts of breaking or failing to observe a law, agreement, or code of conduct.

Specify

To clearly identify or describe something in detail.

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