0031
q,
hir MIN SEC restion 46 of 50
(3)/(5)
Many car buyers use credit to purchase their new cars. What effect does a decrease in interest rates have on the market for new cars?
?
The supply of new cars increases, decreasing the price of new cars.
?
The supply of new cars decreases, increasing the price of new cars.
?
The demand for new cars increases, increasing the price of new cars.
?
The demand for new cars decreases, decreasing the price of new cars.