As the interest rate increases, consumers will tend to increase their amount of saving due to
A) increased profit
B) their greater reliance on borrowing
C) the lower opportunity cost of current consumption
D) diminishing marginal utility
E) the higher opportunity cost of current consumption
Correct Answer:
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Q99: Financial intermediaries bring suppliers and demanders together
Q100: The market interest rate
A)represents the opportunity cost
Q101: The interest rate charged on a risk-free
Q102: Which of the following would cause a
Q103: Intellectual property
A)requires copyright protection that is expensive
Q105: If the interest rate increases, the
A)cost of
Q106: Which of the following does not contribute
Q107: Which of the following affects the interest
Q108: The market demand curve for loanable funds
Q109: If consumers decide to increase their rate
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