As interest rates rise,
a. the temptation to borrow increases.
b. the cost of carrying the national debt rises.
c. the likelihood of a surplus budget increases.
d. the need for deficit spending to reinvigorate the economy grows.
b. the cost of carrying the national debt rises.
You might also like to view...
If the quantity demanded changes proportionately the same as price, demand is said to be
A) vertical. B) elastic. C) unit elastic D) inelastic.
The above figure shows the demand and cost curves for a monopolistically competitive firm in the long run. The firm has excess capacity of
A) 4 units. B) 8 units. C) 16 units. D) $10.
What is a household's real income?
What will be an ideal response?
If unplanned investment is negative, firms will ________ production and output will ________
A) cut; rise B) cut; fall C) increase; rise D) increase; fall