Which of the Following Statements Is False

question 50

Multiple Choice

Which of the following statements is false?

• A)The quantity supplied of loanable funds and the interest rate are inversely related.
• B)The supply curve of loanable funds is upward sloping.
• C)One of the reasons the federal government demands loanable funds is that it needs to finance budget deficits.
• D)Savers are people who consume less than their current income.

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Definitions:

Synesthesia

A condition in which stimulation of one sense also evokes another.

Different Smells

The perception of odors, which is processed by the olfactory system in the brain.

Colors

Visual perceptions that result from the way an object reflects or emits light into the eye, categorized in terms such as hue, saturation, and brightness.

Trichromatic Theory

A theory of color perception that proposes three mechanisms in the visual system, each sensitive to a certain range of wavelengths; their interaction is assumed to produce all the different experiences of hue.