Suppose There Is News of Rising Unemployment

question 69

Multiple Choice

Suppose there is news of rising unemployment.Which scenario is most likely?

• A) Firms invest more in automation;the demand for loanable funds rises;interest rates rise;borrowing drops,which makes the anticipated bad times a reality.
• B) Households save in anticipation of bad times;the supply of loanable funds rises;interest rates fall;firms take advantage of lower interest rates and make more investments,which stimulates the economy.
• C) Householders spend more in anticipation that they won't have the money if they lose their job;the supply of loanable funds falls;interest rates rise;firms cut back on borrowing and spending,which brings about more unemployment.
• D) Householders borrow more to prepare for unemployment;the demand for loanable funds rises;interest rates rise;business cuts back on investment,which slows the economy.

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Definitions:

Class Of An Object

The class of an object in programming refers to the blueprint from which the object is created, defining its properties and behaviors.

Test Driver

A piece of code used primarily to verify the correctness of another piece of code, often used in the development process to perform unit testing.

Rectangle Class

A class in programming that is used to create objects representing rectangular shapes, often providing attributes such as length and width.

Instance Variables

Variables that, when declared within a class, ensure that every object instantiated from that class maintains its own distinct copy of these variables.