If the Real Rate of Interest Increases,target Savers Will ________

question 111

Multiple Choice

If the real rate of interest increases,target savers will ________ the amount they save each year.

• A) increase
• B) decrease
• C) not change
• D) either increase or decrease
• E) initially increase,then decrease

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Definitions:

Valid

The degree to which an idea, inference, or measurement is substantiated and accurately reflects what is true in reality.

Intelligence Quotient

A measure of a person's intelligence as indicated by an intelligence test, calculated as the person's mental age divided by their chronological age and multiplied by 100.

Lewis Terman

An American psychologist known for his work in intelligence testing and the adaptation of the Stanford-Binet IQ test.

William Stern

A German psychologist who is best known for his work in intelligence research and the development of the intelligence quotient (IQ) score.