Keynesian economist believe that there is a _____ relationship between savings and interest rates and a _______ relationship between investment and interest rates.
A. direct; direct
B. direct; inverse
C. inverse; inverse
D. inverse; direct
B. direct; inverse
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An increase in government spending would cause which of the following to happen?
A) The aggregate demand curve would shift to the right. B) The aggregate demand curve would shift to the left. C) The aggregate supply curve would shift to the right. D) The aggregate supply curve would shift to the left.
The market level of rent
a. is entirely determined by the demand side. b. is determined by its elastic supply. c. is difficult to determine because of shifts on the supply side. d. generally settles at levels below any rent controls favored politically.
Refer to the accompanying table. Martha's opportunity cost of making a cake is: Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes
A. 4/3 of a pie. B. 60 pies. C. 3/4 of a pie. D. 6 pies.
Kendrick wants to start a tax preparation company and is going to his bank to borrow $50,000. This is an example of
A) direct finance. B) indirect finance. C) a primary market transaction. D) a secondary market transaction.