When the Price Level Falls

question 75

Multiple Choice

When the price level falls

• A)the interest rate rises,so the quantity of goods and services demand rises.
• B)the interest rate rises,so the quantity of goods and services demand falls.
• C)the interest rate falls,so the quantity of goods and services demand rises.
• D)the interest rate falls,so the quantity of goods and services demand falls.

---

Definitions:

Demographic Profile

A statistical representation of the characteristics of a population, such as age, gender, income, and education levels.

Middle-Class Consumers

Refer to individuals within the socio-economic grouping characterized by moderate income levels, who are often targeted by marketers for their purchasing power.

Endowment

A donation made to an institution or organization that is invested to generate income, where the principal remains intact.

Restricted

Refers to assets or resources that are subject to limitations or conditions on their use, often imposed by contractual agreements or regulations.