An Increase in the Real Interest Rate Will Cause an Increase

question 28

Multiple Choice

An increase in the real interest rate will cause an increase in ________.

• A)saving
• B)planned investment
• C)net exports
• D)all of the above
• E)none of the above

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Definitions:

Richard Pratt

A U.S. Army officer known for founding the Carlisle Indian Industrial School, noteworthy for his controversial "kill the Indian, save the man" approach to the assimilation of Native Americans into white culture.

Hampton Institute

A historically black university located in Hampton, Virginia, originally established to educate freed slaves and Native Americans.

Auburn Prison

A correctional facility in Auburn, New York, known for establishing the Auburn system, a model of prison discipline involving silent congregate labor.

Slaughter Of Buffalo

The mass killing of the American buffalo (bison) primarily in the 19th century, which nearly led to their extinction and had a profound impact on Native American cultures.