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Macroeconomics

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Loanable Funds Market Consumer Confidence Shock

MACRO-8UERER

If there is a decrease in consumer confidence, then

A

the supply of loanable funds shifts to the right.

B

the supply of loanable funds shifts to the left.

C

the demand for loanable funds shifts to the right.

D

the demand for loanable funds shifts to the left.