The Change in the Interest Rate Brought on by a Change

question 37

Multiple Choice

The change in the interest rate brought on by a change in Real GDP is referred to as the __________ effect.

• A) liquidity
• B) expectations
• C) income
• D) nominal

---

Definitions:

Chunking

A memory technique involving grouping individual pieces of information together to improve retention and recall.

Mnemonic Device

A technique used to improve memory by linking new information to familiar concepts or patterns.

Elaborative Rehearsal

A method of memory enhancement which involves thinking about the meaning of the term to be remembered, as opposed to rote repetition.

Persistence

The quality of continuing steadily despite problems, obstacles, or discouragement.