Asked by
Gissela Perdomo
on Oct 25, 2024
Verified
If individuals are convinced that the government will take care of all their medical needs after they retire, then:
A) the supply of loanable funds will shift rightward.
B) the supply of loanable funds will shift leftward.
C) the demand for loanable funds will shift rightward.
D) the demand for loanable funds will shift leftward.
Medical Needs
The requirements necessary for maintaining or improving health, including medications, treatments, and medical services.
Loanable Funds
The pool of funds available for borrowing, encompassing both savings and credits, which affects interest rates and investment.
- Gain insight into the determinants that provoke fluctuations in loanable funds' supply and demand, along with their consequences on interest rates.
- Examine the impact of external influences such as technology, governmental regulations, and personal financial choices on the financial markets.
Verified Answer
HH
Learning Objectives
- Gain insight into the determinants that provoke fluctuations in loanable funds' supply and demand, along with their consequences on interest rates.
- Examine the impact of external influences such as technology, governmental regulations, and personal financial choices on the financial markets.
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