The slope of the credit demand curve from the text book implies that t
The slope of the credit demand curve from the text book implies that the:
A) higher the rate of taxation, the lower the quantity of credit demanded.
B) higher the real rate of interest, the higher the quantity of credit demanded.
C) higher the real rate of interest, the lower the quantity of credit demanded.
D) higher the rate of taxation, the higher the quantity of credit demanded.
ANSWER
C
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