According to the intertemporal substitution effect, when the price level rises and other things remain the same
A) the interest rate falls.
B) the interest rate rises.
C) the quantity of money increases.
D) government taxes rise.
B
Economics
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A) most; higher B) less; lower C) more; lower D) least; lower
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A country's level of productivity determines its
a. productivity growth rate. b. rate of population growth. c. current standard of living. d. future income potential.
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