A change in the interest rate will generally affect the
A) level of investment.
B) level of consumption.
C) the amount of money people want to hold.
D) All of these.
D
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A change in technology that shifts the firm's total product curve upward without changing the quantity of capital used
A) shifts the average total cost curve upward. B) shifts the average total cost curve downward. C) does not change the cost curves. D) shifts the marginal cost curve upward.
Which of the following is not a method to internalize or adjust for externalities?
A. persuasion B. assignment of property rights C. unilateral transfers D. voluntary agreements
Under the Articles of Confederation,
a. only the federal government could issue paper money. b. only the federal government had the power to levy taxes. c. the federal government was ultimately responsible any debts incurred by the states. d. the federal government had a difficult time negotiating military and economic treaties with other nations. e. All of the above.
Refer to the table below. Under a flexible exchange rate system, what will be the rate of exchange for one euro?
The table below shows the supply and demand schedules for the European euro.
A. $0.80
B. $0.90
C. $1.00
D. $1.10