The price of savings is:
A) the interest rate.
B) the investment rate.
C) the savings rate.
D) the rate of time preference.
Correct Answer:
Verified
Q41: What is an example of impatience in
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
Q47: Higher interest rates typically _ saving,ceteris paribus.
A)
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
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