In the market for loanable funds, the curve demonstrates the fact that as interest rates rise, people are willing to borrow less. As a result, this curve is .

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17-03-2022
Business

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In the market for loanable funds, the curve demonstrates the fact that as interest rates rise, people are willing to borrow less. As a result, this curve is .

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mboluwape mboluwape · Answer 1 · 2022-03-25T11:10:48+01:00

In the market for loanable funds, the supply curve demonstrates the fact that as interest rates rise, people are willing to borrow less. As a result, this curve is steep slope.

What is supply curve?

Supply curve is a graphical representation,it shows how price of a good or service is related to the quantity of goods and services supplied.

This is done for a given period of time.

Therefore, In the market for loanable funds, the supply curve demonstrates the fact that as interest rates rise, people are willing to borrow less. As a result, this curve is steep slope.

Learn more on supply curve here,

https://brainly.com/question/26430220

In the market for loanable funds, the __________ curve demonstrates the fact that as interest rates rise, people are willing to borrow less. As a result, this curve is __________.

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What is supply curve?

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In the market for loanable funds, the curve demonstrates the fact that as interest rates rise, people are willing to borrow less. As a result, this curve is .