Individuals will increase their saving as
A) the interest rate falls.
B) business investment falls.
C) the rate of inflation increases.
D) the interest rate increases.

Name: Individuals will increase their saving as A) the interest rate falls. B) business investment falls. C) the rate of inflation increases. D) the interest rate increases.
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Question

Quizplus · Accepted Answer

As the interest rate increases, individuals will earn a higher return on their savings, which provides an incentive to save more.

Individuals Will Increase Their Saving as