If the Canadian Real Interest Rate Exceeds the World Real

question 71

Multiple Choice

If the Canadian real interest rate exceeds the world real interest rate, what would Canadian savers most likely do?

• A) Canadian savers would prefer to buy foreign assets.
• B) Canadian savers would prefer to wait until the real interest rate falls to equal the world interest rate.
• C) Canadian savers would sell their Canadian assets and buy foreign assets instead.
• D) Canadian savers would sell their foreign assets and buy Canadian assets instead.

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Definitions:

Single-House Legislature

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Constitution

The supreme law of the United States, establishing the framework of national government and fundamental rights.

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Notes on the State of Virginia

Thomas Jefferson’s 1785 book that claimed, among other things, that black people were incapable of becoming citizens and living in harmony alongside white people due to the legacy of slavery and what Jefferson believed were the “real distinctions that nature has made” between races.