When the interest rate rises, people are:
A. less likely to save, that is, purchase a financial asset.
B. more likely to save, that is, sell a financial asset.
C. more likely to save, that is, purchase a financial asset.
D. less likely to save, that is, sell a financial asset.
Answer: C
You might also like to view...
To acquire financial capital, a firm can
i. obtain a loan from a bank. ii. issue stock. iii. issue bonds. A) i, ii, and iii B) i and iii C) i only D) iii only E) ii only
Which of these is a similarity between a monopolist and a monopolistic competitor? a. Both a monopolist and a monopolistic competitor face downward-sloping demand curves. b. Both a monopolist and a monopolistic competitor do not earn long-run profits
c. Both a monopolist and a monopolistic competitor have no control over the market price. d. Both a monopolist and a monopolistic competitor face barriers to entry.