Charisse Is of the Opinion That the Interest Rate Depends

question 196

Multiple Choice

Charisse is of the opinion that the interest rate depends on the economy's saving propensities and investment opportunities.Most economists would say that Charisse's opinion is

• A)Keynesian in nature,and that her view is more valid for the long run than for the short run.
• B)classical in nature,and that her view is more valid for the long run than for the short run.
• C)Keynesian in nature,and that her view is more valid for the short run than for the long run.
• D)classical in nature,and that her view is more valid for the short run than for the long run.

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Definitions:

Intrinsic Motivation

A drive to perform an activity for its inherent satisfaction rather than for some separable outcome or external reward.

Need for Capability

The requirement for a person or organization to have the skills, resources, or abilities necessary to accomplish a task or realize a goal.

Intrinsic Motivation

The drive to perform an activity for its inherent satisfaction and pleasure, rather than for some separable consequence or reward.

Need for Self-Determination

The fundamental motivation for individuals to control their own choices, make decisions about their lives, and be self-governing.