If the interest rate in the Mexican economy increases, then the most likely outcome would be that, in Mexico, the

a. economy will move to a new point along its existing consumption curve
b. consumption curve will shift upward
c. consumption curve will shift downward
d. investment curve will shift upward
e. economy will move to a new point along its existing investment curve

C

Economics

You might also like to view...

Which of the following is concerned with social regulation?

A) Federal Reserve Board B) Sherman Commission C) Food and Drug Administration D) Board of Education

Economics

Those who believe in the rational expectations hypothesis advocate ________ policy intervention.

A. limited B. sporadic C. continual D. no

Economics