Other Things the Same, a Higher Interest Rate Induces People

question 35

Multiple Choice

Other things the same, a higher interest rate induces people to

• A)save more, so the supply of loanable funds slopes upward.
• B)save less, so the supply of loanable funds slopes downward.
• C)invest more, so the supply of loanable funds slopes upward.
• D)invest less, so the supply of loanable funds slopes downward.

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Definitions:

Social Exclusion

The process or state in which individuals are systematically blocked from various rights, opportunities, and resources that are normally available to members of a different group.

Deliberate Exclusion

Intentionally leaving someone out of a group or activity.

Solitary Confinement

A form of imprisonment in which an inmate is isolated from any human contact, except for members of the prison staff, for 22-24 hours a day.

Ostracism

Being barred or expelled from a community or collective.