As Real Interest Rates Increase, Other Things Equal, the Net

question 43

Multiple Choice

As real interest rates increase, other things equal, the net present value of education is likely to

• A)increase.
• B)remain unchanged.
• C)decrease, possibly becoming negative.
• D)decrease, but necessarily remain positive, since more knowledge is always a good thing.

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Definitions:

Vertebral Foramen

The central canal in a vertebra through which the spinal cord passes.

Lamina

A part of the vertebral arch in the spinal column that forms the back portion of the spinal ring.

Costal Facet

The surface on a vertebra that articulates with a rib, involved in the movement and stability of the rib cage.

Zygomatic

Pertaining to the cheekbone or zygoma, a bone that forms the prominence of the cheek.