Which of the Following Could Explain an Increase in the Interest

question 180

Multiple Choice

Which of the following could explain an increase in the interest rate and the equilibrium quantity of loanable funds?

• A)The demand for loanable funds shifted rightward.
• B)The demand for loanable funds shifted leftward.
• C)The supply of loanable funds shifted rightward.
• D)The supply of loanable funds shifted leftward.

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Definitions:

Statistical Summaries

Concise representations of data, often through measures of central tendency and variability, that provide insights into dataset characteristics.

Illusory Correlations

A cognitive error wherein a relationship is perceived between two variables, even when no such relationship exists.

Selective Attrition

Refers to the phenomenon where participants drop out of a study over time in a way that is not random, potentially skewing the results.

Demand Characteristics

Features of an experimental setting that lead participants to perceive and respond to what they believe are the expectations of the experimenter.