Other Things Equal,when the Real Interest Rate Rises,C,I,and NX ________

question 61

Multiple Choice

Other things equal,when the real interest rate rises,C,I,and NX ________ and real GDP will ________ relative to potential GDP.

• A) decrease; decrease
• B) decrease; increase
• C) increase; increase
• D) increase; decrease

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Definitions:

Prejudice

A preconceived opinion or judgment towards a person or group that is not based on reason or actual experience, often involving negative attitudes or beliefs.

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Arabs and Muslims

Refers to individuals from Arab countries or cultural backgrounds and followers of Islam, respectively, highlighting the distinction between ethnicity and religious faith.

Eyewitnesses

Individuals who have directly seen an event or occurrence and can provide a first-hand account or testimony of what happened.