At Higher Rates of Interest

question 7

Multiple Choice

At higher rates of interest

• A) households save less and businesses invest more.
• B) households save less and businesses invest less.
• C) households save more and businesses invest less.
• D) households save more and businesses invest more.

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Definitions:

Seawater

The salty water that fills the oceans and seas, composed of a complex mixture of dissolved minerals and organic compounds.

Chert Formation

The process by which chert, a hard, sedimentary rock composed primarily of silicon dioxide, is formed, typically from the accumulation of silica from biological sources or chemical precipitation.

Silica-rich Organisms

Organisms, such as certain diatoms and sponges, that have skeletons made predominantly of silica (SiO2) compounds.

Seawater

The salty water that fills the oceans and seas, covering most of the Earth's surface.