Which of the Following Explains Why the Supply of Savings

question 197

Multiple Choice

Which of the following explains why the supply of savings is upward sloping?

• A) An increase in the interest rate leads to an increase in the quantity of saving.
• B) An increase in the interest rate leads to an increase in the opportunity cost of saving.
• C) An increase in investment leads to an increase in the level of saving.
• D) An increase in time preference leads to an increase in the quantity of saving.

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Definitions:

Recognizing Objects

The cognitive process of identifying and categorizing objects based on their features and context.

Assembling Puzzles

An activity that involves putting together pieces to form a complete image or solve a problem, often used in cognitive assessments and leisure.

Switching Station

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Thalamus

A major part of the brain located in the center of the brain, it acts as a relay station, processing and transmitting sensory information to the cerebral cortex.