If individuals start paying off the large amount of credit card debt they now hold,
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.
E) an excess demand for loanable funds emerges and persists.
ANSWER
D
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