In this figure: a. greater cumulative amounts of investment are associated with lower real interest rates. b.

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In this figure:

a. greater cumulative amounts of investment are associated with lower real interest rates.

b. lesser cumulative amounts of investment are associated with lower expected rates of return on investment.

c. higher interest rates are associated with higher expected rates of return on investment, and therefore greater amounts of investment.

d. interest rates and investment move in the same direction.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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