Real world economic data supports the view that higher interest rates are associated with ________
A) higher saving and consumption
B) lower saving and higher consumption
C) higher saving and lower consumption
D) lower saving and consumption
C
Economics
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When aggregate demand shifts left along the short-run aggregate supply curve,
a. unemployment and prices rise. b. unemployment rises and prices fall. c. unemployment falls and prices rise. d. unemployment and prices fall.
Economics
When does money creation occur?
a. Banks hold required reserves. b. Individuals hold checkable deposits. c. Banks make loans with their excess reserves. d. Individuals take out loans.
Economics