When Interest Rates Rise, Individuals Who Make Deposits Will Earn

question 53

Multiple Choice

When interest rates rise, individuals who make deposits will earn a ________ rate of interest, while individuals who need to borrow funds will have to pay a ________ rate.

• A) higher; lower
• B) lower; higher
• C) higher; higher
• D) lower; lower

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Definitions:

Behavior Modification

A therapeutic approach aimed at changing undesirable behaviors through the use of learning techniques, such as reinforcement or punishment.

E-therapy

The provision of mental health services and support over the internet.

Licensing

The legal process or requirement to obtain permission to engage in certain professions, activities, or use of intellectual property.

Psychosurgery

A type of brain surgery, the purpose of which is to treat or alleviate severe mental illness and behavioral disorders.