John makes it a point to save a portion of his salary every month. Assuming all else equal, if the real interest rate increases, it is likely to cause:
A) a downward movement along John's credit supply curve.
B) John's credit supply curve to shift to the left.
C) John's credit supply curve to shift to the right.
D) an upward movement along John's credit supply curve.
D
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If a panic causes Indian depositors to withdraw their money from Japanese banks, it would cause the Japanese Yen to ___________, since the supply of Yen has__________
a. Appreciate; Decrease b. Depreciate; Decrease c. Appreciate, Increase d. Depreciate; Increase
When a binding price floor is imposed on a market to benefit sellers,
a. every seller in the market benefits. b. all buyers and sellers benefit. c. every seller who wants to sell the good will be able to do so, but only if he appeals to the personal biases of the buyers. d. some sellers will not be able to sell any amount of the good.
The four factor payments are: # randomize
a. Money, capital, salaries, and income b. Wages, rent, interest and profits c. Money, power, prices and wealth d. Wages, interest, salaries and income
Which of the following components are involved in decisions made according to rational self-interest?
a. reminiscence; drawbacks; supply b. reminiscence; benefits; supply c. expectations; drawbacks; costs d. expectations; benefits; costs