When the Real Interest Rate Falls, There Is

question 4

Multiple Choice

When the real interest rate falls, there is

• A)a decrease in the slope of the consumption function.
• B)a movement upward along the consumption function.
• C)an increase in the slope of the consumption function.
• D)an upward shift of the consumption function.
• E)a downward shift of the consumption function.

---

Definitions:

Nineteenth Century

A century from January 1, 1801, to December 31, 1900, notable for rapid industrialization and significant social and political changes.

Viewed

Considered or regarded in a specific manner.

Indigenous Canadians

The First Nations, Inuit, and Métis peoples who are the original inhabitants of the land that is now Canada.

Poor Health

A state characterized by ill health or a low level of wellbeing, often resulting from disease, unhealthy lifestyles, or lack of access to medical care.