If Parliament instituted an investment tax credit, which of the following would most likely happen to the interest rate and saving?
A) The interest rate would rise, and saving would rise.
B) The interest rate would fall, and saving would fall.
C) The interest rate would rise, and saving would fall.
D) The interest rate would fall, and saving would rise.
Correct Answer:
Verified
Q144: Which of the following terms refers to
Q145: Suppose that interest rates and investment both
Q147: Assuming that other things remain the same,
Q148: Suppose that investment rises and interest rates
Q150: Suppose a poor country decides to institute
Q151: Suppose that Parliament were to repeal an
Q152: What would an increase in the budget
Q153: What is the effect of an increase
Q153: Suppose that Parliament were to institute an
Q154: Suppose that interest rates fall and investment
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