A Speaker Knows He Needs to Restrict the Amount of Information

question 26

Multiple Choice

A speaker knows he needs to restrict the amount of information given, but can't decide how to accomplish this. He should

• A) cut examples and illustrations.
• B) limit the number of items but explain them in depth.
• C) touch only very briefly on a wide range of subjects.
• D) paraphrase quotations and estimate numerical data.

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on a sum of money over a period of time.

Loanable Funds

This refers to the total amount of funds available for borrowing in the financial markets, determined by the saving rate and investment demands.

Equilibrium Interest Rate

The rate of interest where the quantity of money sought equals the amount available, equilibrating investment and savings across the economy.

Loanable Funds

The funds in financial markets that are available for borrowing, reflecting the relationship between the demand for and supply of these funds.