The Real Interest Rate ________

question 52

Multiple Choice

The real interest rate ________.

• A)is the cost of borrowing not adjusted for inflation
• B)keeps the market for saving and consumption in equilibrium
• C)describes the real benefit of saving
• D)all of the above
• E)none of the above

---

Definitions:

Locus Of Control

A psychological concept that refers to individuals’ beliefs about the extent to which outcomes in their lives are under their own control versus external forces.

Reciprocal Determinism

The theory posited by Albert Bandura that a person's behavior both influences and is influenced by personal factors and the social environment.

Thematic Apperception Test

A projective psychological test used to reveal a person's social drives or needs by their interpretation of a series of pictures of emotionally ambiguous situations.

Motivational Traits

Personality characteristics that influence an individual's desire to achieve goals, persist in activities, and exert effort in pursuit of success.