An Increase in the Real Interest Rate Will Shift the Consumption

question 79

True/False

An increase in the real interest rate will shift the consumption share line to the left because there will be an incentive to save more and consume less.

---

Definitions:

MOOCs

Massive Open Online Courses, which are free or low-cost online courses available to a large number of people, often offered by universities or educational platforms.

Open Enrollments

A time period during which individuals can freely enroll in or change their health insurance plans or other benefit programs without restrictions.

Degree Program

An educational course of study leading to an academic degree, typically at a college or university.

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process, typically used in educational and corporate settings.