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salmonbat888Lv1
11 Dec 2019
When interest rates decrease, how might businesses and consumers change their economic behavior?
a. Consumers and businesses will invest in bonds or similar debt instruments.
b. Consumers and businesses will hold smaller (average) cash balances.
c. Consumers and businesses will spend less and save more.
d. There will be more consumption spending on interest-sensitive items and more investment by businesses.
When interest rates decrease, how might businesses and consumers change their economic behavior?
a. Consumers and businesses will invest in bonds or similar debt instruments.
b. Consumers and businesses will hold smaller (average) cash balances.
c. Consumers and businesses will spend less and save more.
d. There will be more consumption spending on interest-sensitive items and more investment by businesses.
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Margaux Elysse C. SiasonLv6
21 Aug 2020