Refer to the information provided.If the interest rate on Diane's savings increases, it is possible that:
A)she will increase her savings in the work period
B)she will decrease her savings in the work period
C)she will not change her consumption in the work period
D)all of the above are possible

Question

Quizplus · Accepted Answer

An increase in the interest rate on savings could lead Diane to save more to take advantage of higher returns, save less if she feels she can reach her savings goals with less effort, or maintain her current consumption and savings pattern if her preferences or financial situation dictate.

Refer to the Information Provided