What Happens When Interest Rates Rise

question 93

Multiple Choice

What happens when interest rates rise?

• A) Discretionary income increases.
• B) The demand for discretionary goods increases.
• C) Discretionary income is unchanged.
• D) The demand for discretionary goods decreases.
• E) Discretionary income increases and the demand for discretionary goods decreases.

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Definitions:

Chimp's Genome

The complete set of genetic material of a chimpanzee.

Human's

Referring to characteristics, conditions, or possessions related to humans or humankind.

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A word or phrase that pertains to the science of biology, dealing with the study of life and living organisms.

Reproductive Potential

The possible reproductive capacity of an individual or species under optimal conditions.