Use the information in the following table to answer the next question. In the table, investment is in billions.(1) Interest Rate(2) Investment (billions of dollars)(3) Investment (billions of dollars)4%$100$8059070680607705086040Suppose the Fed increases the interest rate from 5 to 6%. As a result of this increase in the interest rate, using column (2) investment will ________.
A. increase by $10 billion
B. increase by $20 billion
C. decrease by $10 billion
D. decrease by $20 billion
Answer: C
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Describe the product cycle, including addressing the various inputs that are required over time and the resulting production location decisions
What will be an ideal response?
Appreciation of the Canadian dollar will
A. intensify an existing disequilibrium in Canada's balance of payments. B. make Canada's exports less expensive and its imports more expensive. C. make Canada's exports more expensive and its imports less expensive. D. make Canada's exports and imports both more expensive.
In the balance of payments account, the balance on current account always equals the balance on
a. capital account b. U.S. assets abroad account c. merchandise exports account d. income receipts on investments account e. unilateral transfers account
Adherents of Say's law maintained that
A. demand created its own supply. B. people work in order to earn income to spend on consumption. C. people work in order to earn income to save. D. demand is unaffected by supply.