Empirical evidence indicates that lower real interest rates lead to ________ in savings.
A. modest increases
B. modest decreases
C. no change in
D. substantial increases
Answer: B
You might also like to view...
What is the present value of $500.00 to be paid in two years if the interest rate is 5 percent?
A) $453.51 B) $500.00 C) $476.25 D) $550.00
Cara wants to be a personal trainer for professional athletes. Which of Cara's skills most relates to her career choice?
A. Financial understanding B. Musical ability C. Data analysis D. Relating to people
Which of the following would not be predicted by the Hecksher-Ohlin theorem?
a) the US should export capital-intensive and technology-intensive goods b) India should export labor-intensive goods c) Canada should have a comparative advantage in forestry d) Kuwait should specialize in the production of oil e) Central African Republic should have a comparative advantage in fisheries
In perfect competition, restrictions on entry into an industry
a. do not exist. b. apply to labor but not to capital. c. apply to capital but not to labor.