If the Interest Rate on GICs Rises from 5% to 10%,the

question 170

Multiple Choice

If the interest rate on GICs rises from 5% to 10%,the opportunity cost of holding money will _____ and the quantity of money demanded will _____.

• A) increase;decrease
• B) increase;increase
• C) decrease;increase
• D) decrease;decrease

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Definitions:

Borderline Personality

A mental disorder characterized by unstable moods, behavior, and relationships.

Schizoid Personality

A personality disorder characterized by a long-standing pattern of detachment from social relationships and a limited range of emotional expression in interpersonal settings.

Avoidant Personality

A personality disorder characterized by feelings of extreme social inhibition, inadequacy, and sensitivity to negative criticism and rejection.

Adaptive Problem Solving

A cognitive strategy to effectively address and overcome obstacles and challenges in various contexts.