What Happens to Saving When Interest Rates Rise

question 33

Multiple Choice

What happens to saving when interest rates rise?

• A) It increases
• B) It decreases
• C) It can increase or decrease
• D) It is impossible to tell

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Definitions:

Groupthink

A psychological phenomenon wherein the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Consensus Prematurely

Reaching an agreement or decision before all aspects and perspectives of an issue have been fully explored or debated.

Team Building

The process of enhancing social relations, clarifying team members' roles, and solving task and interpersonal problems that can affect team functionality.

Brainstorming

A creative group activity aimed at generating a large number of ideas for the solution to a problem.