As the Price Level Falls

question 23

Multiple Choice

As the price level falls

• A)people are more willing to lend,so interest rates rise.
• B)people are more willing to lend,so interest rates fall.
• C)people are less willing to lend,so interest rates fall.
• D)people are less willing to lend,so interest rates rise.

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Definitions:

Indirect Suggestion

A statement by the salesperson recommending that the prospect undertake some action while making it seem that the idea to do so is the prospect’s.

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Large, flat transport structures loaded with multiple packages or containers of ice cream, used for efficient handling and storage.

Act Diplomatically

The skill of handling affairs without causing offense, often by being tactful, sensitive, and prudent in communication and decision-making.

Veracity of Claims

The truthfulness and accuracy of statements or promises made, especially regarding product benefits or services in advertising.