Which of the following is a common reaction to an increase in the interest rate?
a. A decline in oil prices
b. A war
c. A decrease in spending on new homes
d. An expansion
e. An increase in military spending
C
Economics
You might also like to view...
What are the factors that change the supply of saving and shift the supply of loanable funds curve?
What will be an ideal response?
Economics
The Continental Congress faced several constraints in its effort to finance the Revolutionary War. The largest source of funds for the War was:
a. excise taxes. b. domestic bond sales. c. borrowing from foreign powers, such as France. d. printing money.
Economics