If average Americans start to pay off the huge credit card debt they n

If average Americans start to pay off the huge credit card debt they now hold, then

A) a shift in the supply of loanable funds will cause interest rates to rise.
B) a shift in the supply of loanable funds will cause interest rates to fall.
C) a shift in the demand for loanable funds will cause interest rates to rise.
D) a shift in the demand for loanable funds will cause interest rates to fall.
E) there will be an excess demand for loanable funds.

ANSWER

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