A Higher Interest Rate Makes _____ Less Attractive

question 152

Short Answer

A higher interest rate makes _____ less attractive. Therefore the quantity of loanable funds demanded decreases.

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Definitions:

Domain Archaea

One of the three domains of life; contains prokaryotic cells that often live in extreme habitats and have unique genetic, biochemical, and physiological characteristics; its members are sometimes referred to as archaea.

Adapted

Modified to suit a new or specific environment or condition, often referring to organisms in biology.

Inductive Reasoning

Using specific observations and the process of logic and reasoning to arrive at general scientific principles.

Hypothesis

A hypothesis is a proposed explanation for a phenomenon, made as a starting point for further investigation, validation, or refutation through experimentation and observation.