-Refer to Figure 32-5.If the interest rate were initially at r₂ and an import quota were imposed,the interest rate would
A)stay at r₂.
B)decrease because supply would shift right.
C)increase because supply would shift left.
D)decrease because demand would shift left.

Question

-Refer to Figure 32-5.If the interest rate were initially at r₂ and an import quota were imposed,the interest rate would
A)stay at r₂. 
B)decrease because supply would shift right. 
C)increase because supply would shift left. 
D)decrease because demand would shift left.

Quizplus · Accepted Answer

The Answer of 
-Refer to Figure 32-5.If the interest rate were initially at r₂ and an import quota were imposed,the interest rate would
A)stay at r₂. 
B)decrease because supply would shift right. 
C)increase because supply would shift left. 
D)decrease because demand would shift left.