Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of these will cause the equilibrium interest rate to rise? The savings rate decreases O Business borrowing decreases The federal deficit decreases National wealth
Which of these will cause the equilibrium interest rate to rise? The savings rate decreases O Business borrowing decreases The federal deficit decreases National wealth increases QUESTION 23 Other things being equal, an increase in the default risk of corporate bonds shifts the demand curve for corporate bonds to the and causes the yield on Treasury bonds to right; fall Oright; rise left; rise left; fall QUESTION 24 and the interest rate to everything else held constant. A higher level of income causes the demand for money to decrease; decrease decrease; increase increase; decrease increase: increase
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started