When the Credit Demand Curve Is Relatively Steep,the Quantity of Credit

question 175

Multiple Choice

When the credit demand curve is relatively steep,the quantity of credit demanded is ________.

• A) relatively sensitive to changes in the tax rates
• B) relatively sensitive to changes in the real interest rate
• C) not very sensitive to changes in the tax rates
• D) not very sensitive to changes in the real interest rate

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Definitions:

Operator

In genetics, a segment of DNA to which a repressor protein binds, controlling the transcription of nearby genes.

RNA Polymerase

During transcription, an enzyme that creates an mRNA transcript by joining nucleotides complementary to a DNA template.

Translation Site

The location within the cell where mRNA is translated into proteins, typically occurring in the ribosomes.

Ribosome

A cellular organelle that synthesizes proteins, using messenger RNA as a template.