Which of the Following Is True

question 248

Multiple Choice

Which of the following is true?
I. As the real interest rate increases, people increase the quantity they save.
II. The supply of loanable funds curve is downward sloping.
III. As disposable income increases, the supply of loanable funds curve becomes steeper.

• A) II and III
• B) I and III
• C) I only
• D) III only

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Definitions:

Qualitative Analysis

A research method focused on understanding the qualities, attributes, or processes of social phenomena rather than quantifying them.

Textual Information

Data or content that is presented in the form of text.

Social Facilitation

The enhancement of performance that occurs when an individual performs an action in the presence of others.

Nineteenth-Century

Relating to the period from 1801 to 1900, marked by significant industrial, cultural, and political changes worldwide.