An increase in the interest rate will increase consumption spending.
Correct Answer:
Verified
Q131: Purchases of existing commodities,such as gold and
Q132: The slope of the consumption function is
Q133: The slope of the consumption function equals
Q134: The main determinants of investment are the
Q135: As disposable income decreases,saving decreases.
Q137: A decrease in the U.S.price level,other things
Q138: A decrease in the price level in
Q139: A decrease in the price level in
Q140: If the price level in an economy
Q141: Movement along the aggregate demand curve may
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents