The Reward for Saving Is Called _____, and This Variable

question 72

Multiple Choice

The reward for saving is called _____, and this variable is placed on the _____ axis of the loanable funds market graph.

• A) interest; horizontal
• B) interest; vertical
• C) investment; horizontal
• D) investment; vertical

---

Definitions:

Impedance

The combined effect of resistance, inductance, and capacitance on alternating current, expressed in ohms, which inhibits the flow of electricity in a circuit.

Transformer

An electric device that changes one value of AC voltage into another value of AC voltage.

Converter

A device that changes the form of an electrical signal or power source, such as converting AC to DC or vice versa.

Inverter

An electronic device that converts direct current (DC) into alternating current (AC), commonly used in power supply applications and for converting solar panel output.