An increase in the interest rate results in
A) a smaller opportunity cost of investment and so planned investment spending decreases.
B) a greater opportunity cost of investment and so planned investment spending increases.
C) a greater opportunity cost of investment and so planned investment spending decreases.
D) a smaller opportunity cost of investment and so planned investment spending increases.
C
You might also like to view...
The most vocal political pressure for tariffs is generally made by
A) consumers lobbying for export tariffs. B) consumers lobbying for import tariffs. C) consumers lobbying for lower import tariffs. D) producers lobbying for export tariffs. E) producers lobbying for import tariffs.
India would raise income levels faster if workers migrated from the country to the city
Indicate whether the statement is true or false