Which of the Following Statements About Interest Rates Is False

question 53

Multiple Choice

Which of the following statements about interest rates is false?

• A) Interest rates typically reflect the risk involved in extending a loan.
• B) Interest rates are affected by households' spending decisions.
• C) The equilibrium interest rate is determined by the intersection of the supply and demand schedules for loanable funds.
• D) The supply of loanable funds is independent of the rate of interest.

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Definitions:

PLC Programmed Rung

A specific command or instruction set within a Programmable Logic Controller that executes part of the control process as depicted in ladder logic.

PLC Input

An input signal or data received by a Programmable Logic Controller, used to control or monitor machine operations.

Resistance Temperature Detectors

Sensors that measure temperature by correlating the resistance of the RTD element with temperature.

Thermocouples

Sensing devices used to measure temperature, consisting of two dissimilar metal wires joined at one end, producing a voltage proportional to temperature difference.