A higher real interest rate ________ saving and ________ consumption spending.
A. increases; decreases
B. does not change; does not change
C. increases; increases
D. decreases; increases
Answer: A
You might also like to view...
Which of the following cannot be a factor that gives it a competitive advantage?
A) a patent B) reproducible capabilities C) a brand name D) distinctive capabilities
People can use credit to take advantage of "free" credit.
a. true
b. false
The price elasticity of demand for senior citizens purchasing coffee from McDonald's is ?5, while non-senior citizens have a price elasticity of demand equal to ?1.25. If it costs McDonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for senior citizens and the resultant marginal cost under third-degree price discrimination are, respectively:
A. $0.025 and $0.02. B. $0.02 and $0.80. C. $0.016 and $0.20. D. $0.10 and $0.02.
In the United States, federal government tax revenues are somewhat less than _____ percent of GDP.
A. 10 B. 20 C. 30 D. 40