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Instructions: Read the Paragraph Below and Answer the Question(s) That

question 42

Multiple Choice

Instructions: Read the paragraph below and answer the question(s) that follow. (1) Houseguests can be classified according to their level of self-sufficiency as independent, semidependent, or completely dependent. (2) Independent guests make an effort to fit their routines to yours; they make their own beds, cook breakfast if they get up early, and know how to entertain themselves if you have other things to do. (3) These usually are the guests you want to invite back. (4) Semidependent guests demand more of your attention and companionship; they may want to be driven around town or may urge you to play pool with them even though you hate pool or have a term paper due. (5) Still, the guests in this category may have charming qualities that make their visit worthwhile. (6) Most infuriating are the helplessly dependent guests, who enter your house as if it were a hospital or spa, expecting to be taken care of. (7) My friend George, for example, sprawls on a chair, his feet on my coffee table, complaining about his love life while I cook dinner, set the table, and change the CDs. (8) After two days of waiting on George while I try to solve his problems, I m exhausted. (9) As these categories show, houseguests are a mixed blessing some more mixed than others. How many categories are there?

Definitions:

Interest Rate

The component of a loan levied as interest to the borrower, usually characterized as an annual percentage of the outstanding loan value.

Aggregate Demand

Total economic interest in goods and services, assessed at a uniform price level throughout a specific period.

Aggregate Supply

The total supply of goods and services produced within an economy at a given overall price level and in a given time period.

Interest Rate Effect

The impact that changes in interest rates have on consumer spending due to the cost of borrowing; generally, as interest rates rise, consumer spending decreases.