When the credit demand curve is relatively steep: A) the quantity of

When the credit demand curve is relatively steep:

A) the quantity of credit demanded is relatively sensitive to changes in the tax rates.
B) the quantity of credit demanded is not very sensitive to changes in the real interest rate.
C) the quantity of credit demanded is relatively sensitive to changes in the real interest rate.
D) the quantity of credit demanded is not very sensitive to changes in the tax rates.

 

ANSWER

B

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