Which of the Following Situations Would Best Explain Why the Real

question 47

Multiple Choice

Which of the following situations would best explain why the real long-term interest rate would decline?

• A)A decrease in wealth
• B)An increase in the consumer confidence index
• C)An increase in public infrastructure investment
• D)A decrease in U.S.demand for foreign products
• E)Optimism about the benefits of investment opportunities

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Definitions:

Contrapositive

A logical statement derived from another by negating and swapping its terms, proving the original statement if true.

Credibility

The quality of being trusted and believed in.

Useless

Lacking usefulness or efficacy; not producing the desired effect or having no practical value.

Antecedent

The earlier element in a logical statement, usually preceding the consequence in a conditional sentence.