Question

The Federal Reserve's surveys of bank loan officers can help the Fed determine whether:
A. a drop in the quantity of loans granted resulted from fewer applications or a tightening of credit standards.
B. an increase in the quantity of loans granted resulted from fewer applications or a tightening of credit standards.
C. climbing interest-rate spreads are the result of more borrowers or fewer loans being granted.
D. an increase in the quantity of new loans was due to a decrease in supply or an increase in demand.

Answer

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