Higher interest rates typically _____ saving,ceteris paribus.
A) decrease
B) maintain
C) increase
D) indeterminately change
Correct Answer:
Verified
Q42: The supply of savings function is:
A) upward
Q43: The supply of savings curve shows the
Q44: People will usually save more if the
Q45: People smooth their consumption over their lifetime
Q46: The price of savings is:
A) the interest
Q48: Other things being equal,a person typically has
Q49: According to the life cycle theory of
Q50: The lifecycle theory of savings predicts individuals
Q51: The supply curve for savings indicates that
Q52: Consumption smoothing means:
A) never borrowing.
B) borrowing every
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