For a Given Level of National Income, a Decrease in Private

question 59

Multiple Choice

For a given level of national income, a decrease in private consumption or government purchases will cause the equilibrium interest rate to

• A)decrease and the flow of national saving to increase.
• B)increase and the flow of investment to increase.
• C)decrease and the flow of national saving to decrease.
• D)increase and the flow of national saving to decrease.
• E)increase and the flow of investment to decrease.

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Definitions:

Meta-Analysis

A statistical method that combines the results of multiple scientific studies, providing a high level of evidence by integrating findings.

Value-Free Methodology

A principle in research that suggests investigators must strive to eliminate or avoid bias in order to maintain objectivity.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, often based on social and cultural differences rather than biological ones.

Sex

A biologically determined category, usually classified as male or female, based on reproductive anatomy and functions.