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49 If the interest rate for borrowing money is low then consumers tend to a.spend more on goods and services b.spend less on goods and

49 If the interest rate for borrowing money is low then consumers tend to

a.spend more on goods and services

b.spend less on goods and services

c.do not spend money on buying cars

d.none of the above

50 As the value of the American dollar increases relative to the Japanese yen, we would expect that

a. Demand for Japanese products will increase by American consumers

b. Demand for American products will increase by Japanese consumers

c. There will be no effect in demand for American or japanese products

d. None of the above

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