As the baby boomer generation retires and takes money out of their retirement accounts, what is expected to happen to the interest rate, ceteris paribus?
A) It will increase.
B) It will not change.
C) It will decrease.
D) It will decrease because of demand-side shocks.
A
You might also like to view...
A 10 percent decrease in the price of potato chips leads to a 30 percent increase in the quantity of soda demanded. What does this indicate?
a. Elasticity of demand for potato chips is 3. b. Cross-price elasticity of demand for soda is -3. c. Elasticity of demand for potato chips is 3. d. Elasticity of demand for soda 3.
Modern antitrust policy began in response to
a. abuses of market power in the oil industry. b. the inability of railroads to compete effectively with the new trucking industry. c. the charge that the rights of big business were not adequately protected. d. attempts by business leaders to pack Congress with corrupt legislators.
Which of the following is not an example of scarcity?
a. Only some people can afford to buy a BMW automobile. b. Every individual in society cannot attain the highest standard of living to which he or she might aspire. c. Miranda has more oranges in her orchard than she will ever use. d. Each member of a household cannot get everything he or she wants.
Suppose there were three candidates running for office: Dewey, Cheatum, and Howe. Suppose a majority of voters preferred Cheatum to Dewey. Does this mean that a majority of voters preferred Howe to Dewey?
What will be an ideal response?