The higher the opportunity cost of borrowing, the higher the amount of investment, other things constant
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
A change in which of the following alters buying plans for cars but does NOT shift the demand curve for cars?
A) a 5 percent increase in people's income B) a 10 percent decrease in the price of car insurance C) a 20 percent increase in the price of a car D) an increased preference for walking rather than driving
Economics
If reserves in the banking system increase by $100, then checkable deposits will increase by $100 in the simple model of deposit creation when the required reserve ratio is
A) 0.01. B) 0.10. C) 0.20. D) 1.00.
Economics