If the Interest Rate Decreases, Then There Will Be

question 129

Multiple Choice

If the interest rate decreases, then there will be

• A)a rightward movement along the autonomous investment function
• B)a leftward movement along the autonomous investment function
• C)an upward shift of the autonomous investment function
• D)a downward shift of the autonomous investment function
• E)no movement along or shift of the autonomous investment function

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Definitions:

Topographic

Pertaining to the detailed and accurate representation of natural and artificial physical features of an area on a map.

Mesa

A flat-topped hill with steep sides, commonly found in arid and semi-arid regions, formed by erosion.

Butte

A steep-sided, isolated hill or mountain with a flat top, usually formed through the erosion of sedimentary rocks.

Erosion

The process by which natural forces remove soils, rocks, or dissolved material from one location and transport it to another.