What is the relationship between real interest rates and investment, other things being equal?
a. No apparent relationship
b. A quadratic relationship
c. A positive relationship
d. A negative relationship
Answer: d. A negative relationship
Economics
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The paradox of thrift explains that increased savings by households could actually lower savings for the economy as a whole
a. True b. False Indicate whether the statement is true or false
Economics
The long-run aggregate supply relationship refers to: a. a time period long enough for the prices of both outputs and inputs to adjust to changes in the economy. b. any time period of more than a year
c. a time period in which input prices can change, but output prices have not had time to adjust. d. a time period in which output prices can change but input prices have not had time to adjust.
Economics