Which of the Following Would Be True If the Market

question 20

Multiple Choice

Which of the following would be true if the market interest rate increases?

• A)The cost of borrowing would increase, and this would decrease saving.
• B)The opportunity cost of consuming a good in the future would increase, and this would increase saving.
• C)The opportunity cost of consuming a good in the future would increase, and saving would decrease.
• D)The reward for saving would decrease, and present consumption would increase.
• E)The reward for saving would increase, and this would increase saving.

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Definitions:

Economic Progress

The overall growth and improvement in a nation's economy, reflected through factors like GDP growth and increased living standards.

Life-Long Learning

Life-long learning is the continuous, voluntary pursuit of knowledge for personal or professional development at any stage of life.

Communication

The process of exchanging information, ideas, or feelings through verbal or non-verbal means.

Upward Communication

The process where information flows from the lower levels of a hierarchy to the higher levels, allowing employees to convey feedback, suggestions, and grievances to management.