The Interest-Rate Effect

question 213

Multiple Choice

The interest-rate effect

• A)depends on the idea that increases in interest rates decrease the quantity of goods and services demanded.
• B)depends on the idea that increases in interest rates decrease the quantity of goods and services supplied.
• C)is responsible for the downward slope of the money-demand curve.
• D)is the least important reason, in the case of the United States, for the downward slope of the aggregate-demand curve.

---

Definitions:

RSS Feeds

A type of web feed that allows users and applications to access updates to online content in a standardized, computer-readable format.

Signatures

Bits of text, often including contact information or a personal motto, appended automatically to the end of an email message.

Recur

To occur again periodically or repeatedly, used in various contexts including mathematics, computing, and general language.

Due Date

The specified date by which a task, assignment, or payment needs to be completed or submitted.