A) Increase the Interest Rate from 4 Percent to 6

question 120

Multiple Choice

• A) increase the interest rate from 4 percent to 6 percent.
• B) decrease the interest rate from 4 percent to 2 percent.
• C) increase investment spending by $20 billion.
• D) maintain the interest rate at 4 percent.

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Definitions:

Fraction

A mathematical expression representing the division of one quantity by another; it consists of a numerator and a denominator.

Multiply

The mathematical operation of increasing one number by the value of another, a basic arithmetic function symbolized by the symbol “x” or “*”.

Smaller

Lesser in size, amount, or degree compared to another reference point or object.

Nearest Tenth

A mathematical term describing the rounding of numbers to the first decimal place.