The rate of interest that you pay on a home loan depends upon all of the following EXCEPT
A) the supply of houses in the real estate market.
B) the length of the loan.
C) your credit rating.
D) handling charges or loan fees.
A
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If the economy's resources are fully employed, pumping money into the economy will put ________ pressure on interest rates and will ________ output
A) upward; not change B) upward; decrease C) downward; decrease D) downward; not change
If the marginal propensity to consume = 0.75, then:
a. the marginal propensity to save = 0.75. b. the marginal propensity to save = 1.33. c. the marginal propensity to save = 0.20. d. the marginal propensity to save = 0.25. e. since the marginal propensity to save and the marginal propensity to consume are unrelated, we cannot determine the marginal propensity to save from the information given.