Given a Decrease in the Real Interest Rate,the Income Effect

question 60

Multiple Choice

Given a decrease in the real interest rate,the income effect will be ________ for lenders and ________ for borrowers.

• A) negative; negative
• B) ambiguous; positive
• C) positive; ambiguous
• D) positive; negative

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Definitions:

Gender Role

The set of social and behavioral norms that are considered appropriate for individuals of a specific sex in the context of a specific culture, which differ widely between cultures and over time.

Gender Typing

Gender typing encompasses the acquisition of a traditional gender role, involving the behaviors, beliefs, and attitudes that society considers appropriate for males or females.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

X Chromosome

The sex chromosome found in both men and women. Females have two X chromosomes; males have one. An X chromosome from each parent produces a female child.