Which Statement Could Be Prompted by an Interest Rate That

question 158

Multiple Choice

Which statement could be prompted by an interest rate that is temporarily higher in Canada than in the rest of the world?

• A) A Swiss bank purchases a Canadian bond instead of the German bond it had considered purchasing.
• B) Canadian firms decide,because interest rates are higher,to do more investment spending.
• C) Brad,a Canadian resident,decides to spend his savings on a trip to Hawaii.
• D) Canadian net capital outflow increases.

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Definitions:

Guilt

An emotional state that occurs when a person believes or perceives they have done something wrong or failed to do something right.

Sadness

A state of unhappiness or sorrow, typically resulting from a specific cause or event.

Use A Gun

The act of employing a firearm, either for defensive purposes, recreational shooting, or in a criminal context.

Commit Suicide

Purposefully ending one's own life.