If There Is Excess Demand for Money,then People Will

question 13

Multiple Choice

If there is excess demand for money,then people will

• A)deposit more money into interest-bearing accounts,and the interest rate will fall.
• B)deposit more money into interest-bearing accounts,and the interest rate will rise.
• C)withdraw money from interest-bearing accounts,and the interest rate will fall.
• D)withdraw money from interest-bearing accounts,and the interest rate will rise.

---

Definitions:

David McClelland

A psychologist known for his work on motivation theory, specifically related to the needs for achievement, power, and affiliation.

Distributive Justice

A concept in social psychology and ethics that concerns the fair allocation of resources among members of a community, focusing on outcomes that are perceived as equitable and just.

Ethical

Pertaining to or dealing with morals or the principles of morality; concerning right and wrong behavior.

Interpersonal Power

The ability of an individual to influence the behavior or attitudes of another individual in a social interaction.