As a result of the recession in 2008, the default risk increased. How did this change affect the loanable funds market?
A) There was a leftward shift in the supply of loanable funds curve.
B) There was a movement down along the demand for loanable funds curve.
C) There was a rightward shift in the supply of loanable funds curve.
D) There was a movement up along the supply of loanable funds curve.
Correct Answer:
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