An Increase in Interest Rates Might ________ Saving Because More

question 25

Multiple Choice

An increase in interest rates might ________ saving because more can be earned in interest income.

• A)encourage
• B)discourage
• C)disallow
• D)invalidate

---

Definitions:

Delay Mechanisms

Techniques or processes used to postpone or slow down an action or reaction.

Self-Reliant

The ability to depend on oneself for various needs and decisions without requiring support or approval from others.

Perform Better

To perform better means to achieve a higher level of efficiency, effectiveness, or quality in a given task or activity compared to previous efforts.

Impatient Adult

An individual who exhibits a low threshold for waiting or enduring situations that require delayed gratification or prolonged effort.