ECO121_-_RE_-_SU_2023_559.webp
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ECO121_-_RE_-_SU_2023_559.webp

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(Choose 1 answer)
(17866)What would happen in the market for loanable funds if the government were to increase the tax on interest income?
A. Interest rates would rise.
B. Interest rates would be unaffected.
C. Interest rates would fall.
D. The effect on the interest rate is uncertain.

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